Excerpt from:  GFT News
.
April 29, 2008

US Dollar Drops Against Japanese Yen in Forex Trading

Currency trading with the greenback
Japanese yen forex trading, forex trading, US dollar forex trading, currency trading, currency trading greenback, interest rate, FX market
The US dollar has dropped slightly against the Japanese yen in forex trading this morning, after making gains earlier. Things a are a little volatile right now, with both the Bank of Japan and the Federal Reserve set to release interest rate data tomorrow.

Currency trading with the greenback should consider that the US dollar is largely rangebound against the yen, as the rate decisions are expected to narrow the interest rate gap slightly.

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Topic Tags:  currency trading, currency trading greenback, forex trading, FX market, interest rate, Japanese yen forex trading, US dollar forex trading

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