USD slips against JPY

Tuesday, 19 April 2011 01:23

The U.S dollar is edging lower against the Japanese currency in the forex market trade.  USD slipped against JPY to 82.20, and is currently trading at 82.54.  The US was warned that their current AAA rating by Standard & Poors is in danger of being downgraded; unless the deficit problem is being dealt with.

The Euro is taking is hard and it dropped against all Major currencies and investors are scared of the Greek debt which will need resturcting within the next month ahead.

Tags: , , , , ,

This entry was posted on Tuesday, April 19th, 2011 at 13:23 and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

DISCLAIMER: This material (written and attachments) is considered a non-binding marketing communication and does not contain investment advice, investment recommendations or any offer or solicitation for any transactions in financial instruments in any jurisdictions. Mega Trader FX does not take into account your personal investment objectives or financial situation and makes no representation and assumes no liability as to the accuracy or completeness of the information provided. Any expressions of opinion are subject to change without notice and opinions made may be personal to the author and may not reflect the opinions of Mega Trader FX. This content must not be reproduced or further distributed without the prior permission of Mega Trader FX