Yen Posts Weekly Drop on Poor Interest Rate Outlook
by admin | December 27, 2009 | In Consumer Prices, EUR/JPY, Forex Latest News, Japan, bank of japan, interest rates, japanese yen, unemployment rate, yen | No Comments
The Japanese currency posted a poor performance this week as the economic recovery prospect is not leading traders to believe that interest rates will be raised from an all time record low, decreasing significantly the attractiveness for the Asian nation’s currency.(…)
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