Posts published in September 2013

Yen Experiences Massive Sell-Off

The Japanese yen experienced a massive sell-off as Forex traders felt no need for the safe currency in the trading environment that was favorable to risky investments. The currency slumped even against the US dollar.…

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Euro Gains as ECB Rate Cut Not Considered Imminent

Euro is gaining ground today as concerns about an ECB rate cut are eased — at least for the time being. The decision of the Federal Reserve to keep the asset purchase program in place in the United States…

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