Japanese currency falls, while Euro appreciates

Last Updated on Wednesday, 6 April 2011 12:37 Written by Elena Rajkovic Wednesday, 6 April 2011 12:16

After the earthquake, tsunami and G7 meeting on the ‘Yen problem’ about a month ago the Japanese currency is continueously declining heavily hitting lows against all major currencies. JPY hit an 11-month low against EUR trading at 121.91 EUR/JPY, and is still falling persistently – currently trading at EUR/JPY 121.28..

Australia Overnight, flat results

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Wednesday, 6 April 2011 08:01

Australian stocks are trading lower, taking a breather from the recent rally and lack of direction from offshore and profit taking.

Gold hits highs again

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 5 April 2011 11:05

Gold futures surged to a record of $1,452 an ounce as sovereign-debt concerns demand for the precious metal as an alternative asset.

Global Currencies, USD, Euro, Pound, Yen

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 5 April 2011 05:56

The dollar advanced against the euro after Federal Reserve Chairman Ben S. Bernanke

Oil retreats after Chinese rate hike

Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Tuesday, 5 April 2011 05:55

Oil moved back from its highest level in more than 2 1/2 years after the rate hike in China could mean that demand may decline and crude slipped

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