Not exact matches
By year - end, Sutton sees a Canadian dollar that is
stronger against the euro and the
yen and subject to more volatility
against the U.S. dollar.
Japan's export sector was battered as the
yen stayed
strong against the euro and the dollar.
The greenback remained in the 83 -
yen range, its
strongest level
against the
yen since last April.
The USD is currently up 0.0006
against the euro, trading at 1.3339, after peaking at 1.3351 earlier in the day, however it has slid
against a particularly
strong yen.
Improved risk sentiment failed to deter the
yen on Thursday, as its rally
against the dollar deepened in the wake of
stronger than expected U.S. inflation...
Also, they were working
against momentum, and without economic news that would support a
stronger yen.
For example, if the U.S. dollar appreciates
against the Japanese
yen, the real return to a U.S. dollar - based investor will be less than the return to a
yen - based investor because of the
stronger dollar.
U.S. Dollar Losing Ground Ahead of ADP and ISM Services Report The U.S. Dollar is trading lower
against most currencies with the exception of the Japanese
Yen as
stronger equity markets in Europe and Asia helped drove up demand for higher yielding assets.
Expectations of another Fed hike later this year has kept the US dollar
stronger against all the major currencies, except the
Yen.
We expect that the currencies of economies with relatively
strong growth, where policy is likely to be tightened over the short term, should appreciate
against the currencies of the G - 3 (U.S. dollar, euro and Japanese
yen), where monetary policy is likely to remain loose over an extended period.»
The
strong performance of Japanese firms in the top 25 is also driven by the volatility of the
Yen, of which the exchange rate
against the US Dollar increased 19 % year on year.