Market Opinion
This report has been deactivated

1

1
U.S. Dollar advances vs. Yen.
Thu, Mar 5 2009, 04:54 GMT
by James Whyte
ForexAmericas
Markets for March 5, 2009 by James Whyte In the news: March- 4 Today the U.S. Markets rallied on speculation China will expand efforts to increase growth and U.S. lawmakers will reach an agreement on a plan to stem foreclosures. The S&P 500 rebounded from multi-year lows and some of the Chinese stock markets jumped the most in four months. Treasuries fell, as equity markets moved higher. The Dollar gained versus the Japanese Yen, but did not do well versus other majors, as the uptrend in stocks curved the demand for safe-haven assets. Crude oil jumped $3.53 as crude inventories fell 0.7m barrels, ending the day at $45.17.
USD/JPY-The Dollar continues to gain versus the Japanese Yen as the equity markets rebound from multi-year lows, on the back of a Chinese reassurance to increase efforts to boost growth. The Usd gained 0.48 pips versus the Yen and touching an intra day high of 99.47. We should continue to see the Usd/Jpy heading higher with its next target 100.50/60 highs of November 4th, 2008.

Published on
Thu, Mar 5 2009, 04:57 GMT
Archive
- Euro falls following Trichet's comments.
Published On Fri, Mar 6 2009, 04:59 GMT
- U.S. Dollar advances vs. Yen.
Published On Thu, Mar 5 2009, 04:54 GMT
- Dow dips to 12-year lows.
Published On Tue, Mar 3 2009, 06:29 GMT
- Dollar index climbs to new highs.
Published On Sat, Feb 28 2009, 00:49 GMT
- Dollar near 3-month highs.
Published On Mon, Feb 23 2009, 22:50 GMT
[ View All ]
ForexAmericas
| 5141 Cheryl Drive Huntington Beach, CA 92649
http://www.forexamericas.com/ | info@forexamericas.com
Legal disclaimer and risk disclosure
Any opinions, news, research, analyses, prices, or other information contained on this website or in our newsletters is provided as general market commentary, and does not necessarily constitute investment advice. The ForexAmericas, JW Corp., its affiliates and agents will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Related reports
Daily Market Report - There are indications that the market is reducing its exposure to risk by Wells Fargo Investments, LLC
Fri, Nov 20 2009, 15:19 GMT
Fundamental Currencies Comments - Dollar climbs vs. majors by ecPulse.com
Fri, Nov 20 2009, 15:15 GMT
Currency Majors Technical Perspective by FXstreet.com Independent Analyst Team
Fri, Nov 20 2009, 14:22 GMT
The Daily Currency Analysis - TraderPlanet Daily Currency Analysis by TraderPlanet.com, LLC
Fri, Nov 20 2009, 14:10 GMT
FX View - Trichet comments spur risk aversion rally by Interactive Brokers LLC
Fri, Nov 20 2009, 13:24 GMT
usdjpy
View All
Related content
Forex: USD/JPY retreats to 88.85 after hitting intra-day high at 89.15
FXstreet.com | Fri, Nov 20 2009, 17:43 GMT
Forex: USD/JPY rises to 89.13, fresh intra-day high
FXstreet.com | Fri, Nov 20 2009, 15:02 GMT
Forex: USD/JPY tests MA55 hourly at 89.05
FXstreet.com | Fri, Nov 20 2009, 12:55 GMT
European Morning Wrap Up; USD, JPY firm
Forex Live | Fri, Nov 20 2009, 11:59 GMT
UPDATE:Asian Shares End Mostly Lower; Tech Follows US Downturn
Dow Jones | Fri, Nov 20 2009, 11:20 GMT
usdjpy
View All
The Advisor Weblog » Japanese Yen breaks higher
Thu, Nov 19 2009, 14:46 GMT
The Advisor Weblog » Majors’s sentiment for today
Wed, Nov 11 2009, 11:31 GMT
FX Path » USD/JPY - Triangle Consolidation within Downtrend
Wed, Nov 11 2009, 01:51 GMT
The Advisor Weblog » Majors’s sentiment for today
Fri, Nov 6 2009, 10:59 GMT
Tech Trading » GBP/JPY The importance of the 100 SMA.
Fri, Nov 6 2009, 10:52 GMT
usdjpy
View All
FX Instructor Live Trading Room
Mark De La Paz | Mon, Nov 23 2009, 11:00 GMT 
US Pre-Market Open
Ed Ponsi | Mon, Nov 23 2009, 13:00 GMT 
US Session Open
Ed Ponsi | Mon, Nov 23 2009, 14:30 GMT 
Weekly Webinar: 1st on Forex - The Week Ahead
Jerry Furst | Mon, Nov 23 2009, 17:00 GMT
Trading Day's Live Wrap Up - With Extra Educational Contents
Valeria Bednarik | Mon, Nov 23 2009, 22:00 GMT
usdjpy
View All
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our
user agreement. Please read our
privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.