Hi everyone,
Although the Dollar still remains strong, today we experience the Yen gaining against the Dollar as this morning the Yen rose 0.2% against the Dollar (83.25 per dollar) (Ishikawa, 2012).
That same gain of 0.2% also rose the Yen against the Euro, now becoming 110.00 per Euro (Ishikawa, 2012).
In other news, the CAD gained against the Aussie Dollar as the AUD fell 0.4% to CAD1.0355 (Sherman, 2012).
We would like to know what you guys think about the strengthening of the USD. Do you think it will go on to rise and be the top again as experts say, or do you think its just a passing trend? Let us know.
Have a great day everyone.
To read the full articles, go here:
http://www.bloomberg.com/news/2012-03-22/yen-gains-after-japan-posts-unexpected-trade-surplus.html
http://www.bloomberg.com/news/2012-03-21/canada-dollar-gains-momentum-against-aussie-technical-analysis.html
http://www.bloomberg.com/news/2012-03-21/yen-gains-versus-dollar-euro-after-japan-trade-balance-data.html
No comments:
Post a Comment