Posts published in August 2016

Yen Suffers from Fischer’s Comments

Riskier currencies reacted negatively to the comments that Fed Vice Chairman Stanley Fischer made on Sunday, but safer ones, like the Japanese yen, were also not immune to the impact. As many…

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Australian Dollar Firms After Opening Sharply Lower

The Australian dollar opened sharply lower against the US dollar and the euro at the start of this week’s trading, but as of now the currency is attempting to regain its footing. Fed Vice Chairman Stanley…

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