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The current bullish trend in yen versus world major currencies especially against dollar remind us the strong rally in 1995 when the yen increased approximately 18.00% for 68 days. The sharp rise in y...
Read More →On Tuesday, after the US markets was closed, Moody’s announced a downgrade of Portugal’s long term government bond ratings by two marks to A3. EUR fell about 20 points against US dollar over t...
Read More →According to reports from currency markets the Australian dollar dropped to a three week low versus the U.S dollar after the news of explosions in the fourth reactor, which had rocked the Fukushima nu...
Read More →In early Monday session, yen stabilized after a variable start as the Bank of Japan refused to adopt the laissez faire and intervened with the free supply and demand mechanism of the market by injecti...
Read More →The Japanese yen improved versus the major currencies of the globe, after declining earlier because of strong earthquake in the northeastern part of the Japan. The yen initially toppled on news that ...
Read More →The dollar appreciated after the U.S. Labor Department stated that jobless benefits grew 26,000 last week to 397,000 Americans, filed first time claims, which was more than some economists anticipa...
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