G10 Advancers and Decliners vs USD
JPY 0.14
CHF -0.29
GBP -0.30
EUR -0.32
USDJPY continued building on its downward move from the past two days to touch 86.98 this morning – approaching the lowest level in 2010. The Yen’s bullish move really picked up when the Fed adjusted its forecasts for future growth and since, has been in a downward spiral gathering steam with each piece of negative economic data coming from the US; first the lower US manufacturing number and a…

Filed under: News

Like this post? Subscribe to my RSS feed and get loads more!