FOREX INFORMER
[2008-12-23 16:53:57]
The week we leave behind has we have seen the automotve bailoutplan failing agaist the market expectations of an aggreement. Stock markets have reactd down to the news weighed by auto makers.
On the currencies side, the Yen has strengthenes, specially agaunst the Diollar, reaching a 13 year high, the yen is too strong at the moment for japanese exports, thus we can expect some action by the Bank of japan to try to revert the curren situation.
The Dollar has lost weight agaist most currencies, npott only against the Yen; Euro Dollar has rallied to a 7−week high and the USD/CHF has continued to the downside despite the libior rate cut approved by the Swiss national Bank.
Source: FXstreet.com.外汇市场
Keywords:Foreign Exchange news
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