Economists predicted a return to growth in the forthcoming quarter. Recoiling in exports and production suggest the export-driven economy possibly reached a low in the January to March period.
Many company themselves forecasted machinery orders to fall in the forthcoming quarter, in another indication that Japan’s big producers of cars, technology and other exports are not sure enough to re-establish capital expenditure they slashed in the rouse of the financial crisis.
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Thread: Forex in the News
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15-05-2009, 11:59 AM #21
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15-05-2009, 07:06 PM #22
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16-05-2009, 11:32 AM #23
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Except of the Japanese yen the USD closed stronger against all of the other major currencies, in this week. On Friday the Euro (Euro/USD) fell 150 pips as the European economy contracted the most in 13 years, recovery will be slower than expected.
On Friday there were no U.K. economic releases and the pound (GBP/USD) actually held up nicely in opposition to the USD. The pair lost 70 pips on Friday but traded within the range we’ve seen all through the week.
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26-05-2009, 08:45 AM #24
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Japanese Finance Minister Kaoru Yosana said on Friday that intervention by the Central Bank into the currency markets was not a consideration at this time. There has been much fear as of late that one of the schemes the BOJ would use to shore up the ailing currency would be to purchase Yen en masse, however minister Yosana’s remarks soothed those fears and helped the Yen rebound a bit although it was down to most of the majors.
At Friday’s close, the Yen was trading up .4% to the US Dollar to 94.76 after hitting 93.86 earlier in the session. The Yen fell 1% to the British Pound to 151.01 and .95% to the Australian Dollar to 74.17. The Yen was also down 1.15% to the Euro to 132.67.
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18-05-2010, 09:17 PM #25
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I've seen some recent commercials about Forex trading as well :)
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15-06-2012, 11:53 PM #26
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Does anyone else have an opinion on this?!
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09-02-2013, 03:10 AM #27
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The first thing to consider while forexnews trading is that the news itself holds little importance. What matters more is the trader's analysis of the same. Remember, traders may draw varying inferences from the same news. Since forex news analysis is not objective, the safest thing to do is to take an overview of the news and draw your own inference.
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05-03-2013, 06:13 AM #28
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one of the most important lessons for you to learn early in your trading career, is that successful trading requires you to not only be able to correctly interpret a forex chart, but once you have indentified a specific trading opportunity, you must completely “believe in your trade”.
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24-06-2015, 05:32 PM #29
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Any news on this for this year yet? I was looking to see some updates if possible.
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03-07-2015, 07:30 AM #30
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News is definitely a great way to succeed, if we are able to judge any major event or news at right time then we could be getting massive rewards for it, so our main and first task has to be to work out to analysis well and after we are done with this then we will succeed. I follow my broker Nova FX with their incredible news and analysis update, so that really gives me better chance to get results in my favor.
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