divider
divider
divider
blog
divider
divider
Español
divider

divider


Recent News:
  • Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.   
We are in the process of migrating to a new and improved website to better serve you. In the meantime, some pages will continue to reside on the old site layout as others are moved to the new layout. Please bear with us as we make this transition.
resources
Check Out Our New Ads
Let Freedom Ring.

- View All -

In Our Words

"I let my 24 years of "lessons learned" to act as an informational storehouse for my clients. We can then sort through the trading methods and risk management of the client to adapt to the current market conditions."

– Leslie Burton
Futures & Options Broker

Leslie Burton, Futures Broker
dt Newsletter Sign-Up
First Name:*
Last Name:*
Email:*
 
 
Commodity Futures Newsletter
Free Offers & Trials

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

Insider Market Advisory
View all free trials & offers

Futures Market News

- Subscribe to receive our commodity news updates by email -

Yen drops following weak export data

Oct 22, 2012 04:49 PM

Monday saw the Japanese yen fall for an eighth consecutive session against the world's reserve currency, pulled down by underwhelming export data from the nation hosting the globe's third-largest economic system, according to Bloomberg.

Not since 2004 has the yen marked eight-straight losses to the U.S. dollar. A report noting Japan's shipments dropped the most since the early March 2011 earthquake and subsequent tsunami prompted market participants to closely watch the Bank of Japan for additional intervention.

"The yen will continue to weaken against the dollar. We think it's inevitable. This is based on higher yields in the U.S than in Japan," foreign-exchange strategist Sireen Harajli with Credit Agricole in New York told Bloomberg, also noting there are enhanced expectations for the central bank to act.

Seiji Maehara, economy minister of Japan, publicly inquired about additional stimulus from the Bank of Japan, which also harmed the yen's performance against all 16 of its major rivals. The yen slipped to its lowest in more than three months against the U.S. dollar.

Japan notched its third straight trade deficit in September, trumping the forecast of $7.2 billion, according to The Wall Street Journal.

Don’t Miss Our News Updates!

dt Commodity News
Share dt News:
Facebook Twitter More...

Follow our breaking news stories and get a unique take on current events that may impact the commodity futures markets.  Multiple new articles are posted each weekday.  Subscribe to our commodity news updates by email, and receive real-time updates with our RSS feed, follow us on Twitter @DanielsTrading, become a fan on Facebook to stay informed.


Enter your email address to subscribe to our commodity news by email:
    Delivered by FeedBurner



SPECIAL OFFER: Free eBook — Gold Exposed: Spot Gold versus Gold Futures

Gold Exposed: Spot Gold versus Gold Futures

Are you interested in trading gold futures but unsure of how to start?

Register for our FREE guide, and learn the ins and outs of the gold markets that will help answer many of your trading questions.

Download Now!


Special Offer

Insider Market Advisory

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

With your free trial membership, you'll receive full access to our exclusive trade recommendation service and all of the timely and accurate trade information you need to feel comfortable participating in the markets.


Register Now