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Tuesday, 24 November 2009 GMT
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- Euro-Zone Industrial Orders Advances for a Sixth Month in September Tue, 24 Nov 2009 11:54 GMT
- German Economic Growth Accelerates in the 3rd Quarter Tue, 24 Nov 2009 09:48 GMT
- USD Graphic Rewind Tue, 24 Nov 2009 06:15 GMT
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US Dollar/Japanese Yen Tumbles As VIX Index Hits New High, Dow Plunges Below 9,000
Thursday, 09 October 2008 19:21:33 GMT
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- Wednesday, 14 October 2009 18:31:01 GMT Crude Marks New Year High, Extends Five-Day Rally as Dow Advances Fills in for Delayed Output Numbers
- Wednesday, 14 October 2009 14:24:37 GMT Business Inventories Fall for 12th Month
- Wednesday, 14 October 2009 13:08:21 GMT U.S. Retail Sales Fall Less Than Expected On Broader Demand
- Wednesday, 14 October 2009 11:24:58 GMT Overnight Interest Rate Update 10.14.09
- Wednesday, 14 October 2009 11:14:50 GMT European Industrial Production Rises, Adds Too Recovery Signs
- Wednesday, 14 October 2009 10:23:33 GMT Greenback Finds No Relief in Overnight Trade (Morning Slices)
- Wednesday, 14 October 2009 04:10:16 GMT UK Claimant Count Rate Holds Flat; Jobless Claims Falls to 20.8K
USD/JPY has tumbled down for a test of 100.00 and could break lower as the markets remain extremely jittery, as indicated by a surge in the CBOE's VIX Volatility Index to a new record high of 60.13 and a drop in the Dow Jones Industrial Average below 9,000 to an intraday low of 8,859.78. The coordinated rate cuts that we saw enacted yesterday by a variety of central banks including the Federal Reserve, European Central Bank, and Bank of England has has done little to boost investor confidence. This leaves signficant bullish potential for the Japanese yen across the majors.
VIX Index (Daily Chart)
Source: Bloomberg
Dow Jones Industrial Average (Intraday Chart)
Source: Bloomberg
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