Yen tumbles to 139
[ad_1] The Japanese yen has been pummeled today by the US dollar. USD/JPY is currently trading at 139.22, up 1.29% on the day. Is 140 next for the yen? The…
New Zealand dollar shrugs off softs Mfg. PMI
[ad_1] NZ Manufacturing PMI contracts The New Zealand dollar has edged higher on Friday. The currency yawned as New Zealand’s Manufacturing PMI fell into contraction territory in June, for the…
Euro eyes US retail sales
[ad_1] The euro continues to trade close to the parity line, after breaking below this symbolic level during the week. It marked the first time that EUR/USD fell below parity…
Aussie edges up after strong US retail sales
[ad_1] US retail sales better than expected The week wrapped up on a high note, as June US retail sales beat expectations. The headline and core readings both accelerated in…