JPY Falls on Downgrade, USD Edges Higher |
|
7/23/2008 3:15 PM: EUR/$..1.5685 $/JPY..107.90 GBP/$..1.9979 $/CHF..1.0383 AUD/$..0.9612 $/CAD..1.0108 JPY Falls on Downgrade, USD Edges Higher The greenback was higher against the euro and yen, rising to 1.5669 and 107.90, respectively. The dollar continues to benefit from further declines in oil, which fell to $123.63 per barrel, and renewed confidence stemming from government measures to support Fannie Mae and Freddie Mac. Hawkish Fed commentary has also propped the currency higher. The
Filed under: Fundamental
Latest Posts
- Forex Blog: US to Continue to Pressure China Over RMB
- Forex Blog: US to Continue to Pressure China Over RMB
- 10 Minute Forex Wealth Builder Review
- Forex reserves dip $5 bn as RBI sells dollars - Economic Times …
- TopForex.info » Forex Market Scams Posted By : a.anies
- TopForex.info » Forex Market Scams Posted By : a.anies
- Online Forex Trading » Blog Archive » No One Home at Treasury, Fed …
- Obama Names Next Treasury Secretary
- This Week's Market Outlook - Forex Trading, Currency Forecast, FX …
- Forex Trading Systems - The Top 5 Reasons to Invest in One
- The Trading Week: Nov. 24 - Nov. 28
- Weekly Foreign Exchange Insights - Forex Trading, Currency …
- Weekly Foreign Exchange Insights - Forex Trading, Currency …
- 11/23/2008 - Risk appetite dictating the pace in a very emotional market
- The week in few words
No Comments! Be The First!