The Japanese yen was able to post gains against some of the majors over the past weeks. On August 25th, the yen just hit new highs against the dollar as forex trading investors turned to safer assets following the slow economic recovery. The yen reached a new high that was last attained 15 years ago [...]
As weak economic data continues to plague many of the other major currencies, forex trading investors are turning to the dollar for refuge. On August 24th, the dollar was able to gain against most of the forex majors. Both of the stock markets fell, with Dow Jones going down by 0.38% and NASDAQ falling by [...]
Economic issues around the world continue to weigh down on many forex trading investors. In the US, higher than expected jobless claims are being taken as a sign that global recovery is slowing. Investors have reacted by avoiding risky assets and putting their money into the dollar, causing the dollar to gain against many of [...]
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