Day: May 11, 2017

Yen is the Weakest Currency in the World over the Past Month

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From March 10 through April 11, the Japanese yen was the strongest currency in the world.  It appreciated 4.7% against the dollar.  Among the majors, sterling came in second place with a 2.7% gain.  Among emerging market currencies, the yen edged past the Mexican peso’s 4.4% rise.   That was then.  This is now. Since April 11, …

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Canadian and New Zealand Dollars Get Whacked, While Greenback Consolidates

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Canadian and New Zealand Dollars Get Whacked, While Greenback Consolidates – Marc to Market Edit The US dollar has been mostly confined to about a 30 pip range against the euro and yen in Asia and the European morning.  Sterling is under a little pressure after a series of poor data, including larger than expected falls …

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