Wednesday September 1, 2010 - 09:26:23 GMT
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Forex Currency Tradingâ€“Whether Interpose Forex Market or not?
Forex Currency Tradingâ€“The latest measures to boost the economy released by the Bank of Japan disappointed the foreign exchange (forex) market and the forex investors.
The foreign exchange (forex) investors think that it is difficult to control the uptrend of the Japanese Yen.
And it declined sharply yesterday, when closing it was 8,824.06, decreased 325.20 points and the decline reached up to 3.55 percent, hit the new record low within 16 months.
In the foreign exchange (forex) market, the Japanese Yen against USD is close to the 84 Yen.
The dealer in the foreign exchange (forex) market said the foreign exchange (forex) investors hold that in the measures to boost the foreign exchange (forex) market, Japanâ€™s all tricks has been exhausted.
Under the context that the export accelerating deterioration and the forex investorâ€™s worry slowdown, the foreign exchange market requires the Bank of Japan to produce the policy to save the market.
However the analysts hold that it will not work for the Japan to interpose the foreign exchange (forex) market.
â€”-Forex news from Forex Currency Trading
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