The US Dollar stands at two-month lows right above 150.00 against the Japanese Yen on Monday, after having rallied about 300 pips from Friday’s closing levels, following the victory of the pro-stimulus candidate, Sanae Takaichi in the weekend’s LDP elections.Takaichi is widely expected to replace Sh
EUR/USD remains glued to the 1.1700 area. Three-month traded volatility has dropped to its lowest level since last November, at 6.60%, ING's FX analyst Chris Turner notes.
EUR/USD holds ground after two days of losses, trading around 1.1720 during the Asian hours on Friday. Traders await HCOB Purchasing Managers’ Index (PMI) data from the Eurozone and Germany due later in the day. Eurozone Producer Price Index (PPI) will also be eyed.