Read More Japanese Yen May Strengthen as Traders Seek Safety
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The U.S. dollar rose today on the outlook that the greenback may become more attractive as the profits from the carry trades declines because of decreasing differences in the interest rates of various central banks.(…)Read the rest of Declining Profits from Carry Trades Strengthen Dollar (118 words) Posted on Forex News. Read More Declining Profits from Carry Trades Strengthen Dollar
Posted in FX News | Tagged carry, declining, dollar, from, profits, strengthen, trades
<!–TITOL: Yen continues strengthen across the boardFITITOL–>FXstreet.com (Buenos Aires) ? USD/JPY Current Price: 89.00. With Japan Minister of Finance blessing, yen continues strengthen across the board, reaching extreme hourly readings at the 88.20 level, and rebounding to current 89.00 zone, still bearish in bigger time frames. 20 SMA above current price, in both 1 and [...]
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<!–TITOL: Wall Street post big gains; Dollar strengthen afterwardsFITITOL–>FXstreet.com (C?rdoba) ? Markets rallied today in the US. The Dow Jones rose 2.10% and ended above 9000 at the highest level since November of last year. The NASDAQ completed 12 sessions in a row with gains. In a volatile session the Dollar at first fell but [...]
Posted in FX News | Tagged afterwards, big, dollar, gains, post, street, strengthen, wall