Yen Falls Against Dollar
The Japanese Yen fell against the US dollar on Friday as investors pinned their hopes on a US plan to address and subsidize mortgages causing stock markets to rise. Forex currency exchanges were busy as a slight return to risk appetite had investors consulting their forex converters searching for investment opportunities.
Japan May Intervene in Currency Markets
The Yen was further affected by speculation that the G7 meeting in Rome would address the currency’
s strength and a statement by the Japanese Finance Minister that the Japanese government would intervene in currency markets if necessary. Forex currency exchanges have been volatile lately and the need for a reliable Forex converter has never been greater. Continue reading ‘Investors Pin Hopes on US Housing Plans’ »
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