Posts published in May 2014

Risk Appetite Wanes, Demand for Yen Grows

The Japanese yen rallied today against all other major currencies as various concerns put the Forex market in a risk-off mode, meaning that traders preferred safer currencies. Economic data from…

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Euro Plunges as Economic Growth of Europe Disappoints

The euro plunged today as economic growth in major European countries (with the notable exception of Germany) and the eurozone as a whole missed estimates, increasing chances for additional monetary stimulus in June. Inflation remained stable,…

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