Posts published in December 2013

Traders Buy Yen amid Fed Tapering Concerns

The Japanese yen was rising today, getting help from speculations that the US Federal Reserve will reduce the scale of its asset purchases as early as this month. The currency has started…

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US Dollar Gets Boost from ADP Report

US dollar is headed higher today, gaining ground as the latest ADP employment is released. With this positive news, there is an expectation that the Fed really will start…

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