Daily Report: Yen Crosses Sharply Higher As Bank Aid Program Boosts Risk Appetite
Filed Under (Forex technical) by on 24-03-2009
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The Japanese yen continues to be sold off sharply following strong rally in Asian stock markets. Global stocks follow strength in the US after Treasury unveiled the $1 Trillion bank aid program yesterday. Nikkei is up another 3.3% to close at 8,488. Yen crosses are sharply high on risk appetite…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
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