The Japanese currency declined versus most of the 16 main traded currencies after speculations rose that Japanese officials are ready to intervene on the current yen’s level, as it would be an obstacle for the Japanese economic recovery, decreasing competitiveness for the nation’s exports.(…)Read the rest of Yen Drops on Intervention Talks (181 words)
Posted on Forex News. Read More Yen Drops on Intervention Talks
Recent Post
- Business week ahead February 6 10
- A messy but steadyasshegoes monetary policy suits the world just fine
- Businesses cut investment amid gloomy outlook
- Greece falters in debt talks with creditors
- Good Employment Rescues Dollar After Week of Bad Data
- Conservatives to block rise in IMF bailout cash
- Bank of England to print further ?50 billion
- Conservatives bid to block rise in IMF bailout cash
- India tells Britain We dont want your aid
- Turbulence ahead with Indian jet deal
