Wednesday, November 28, 2012

Pressure on Euro Likely to Continue Until Year End

As traders remain concerned, they moved toward a “safe haven” currency overnight and the JPY was the main benefactor here.  The JPY not only strengthened against the USD but also advanced against the EUR as well.  While most traders believe there will be an eventual agreement on fiscal cliff negotiations, they are hedging their bets
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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