192813 Resource 119232 120646 120646 1198069763265 1198069763265 Controlled Japanese Yen Gains on FX Market Yen in forex trading <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The Japanese yen is gaining on the FX market this morning as risk aversion comes to the fore. The yen is rising against the U.S. dollar and the euro in currency trading as global equities fall and worries continue over the credit crisis. The </span><a href="http://www.forbes.com/markets/2007/12/18/ecb-liquidity-update-markets-econ-cx_po_1218markets19.html" target="_blank" title="Japanese yen, yen forex trading, forex trading, Japanese yen FX market, currency market, FX market, U.S. dollar currency trading, currency trading" style="font-family: verdana,arial,helvetica,sans-serif;">ECB's move</a><span style="font-family: verdana,arial,helvetica,sans-serif;">, as well as the Fed's, to </span><a href="http://www.banks.com/blogs/mortgages/2007/12/12/the-fed-rate-cut-and-the-new-cash-liquidity-plan/" target="_blank" title="Japanese yen, yen forex trading, forex trading, Japanese yen FX market, currency market, FX market, U.S. dollar currency trading, currency trading" style="font-family: verdana,arial,helvetica,sans-serif;">pump liquidity into the market</a><span style="font-family: verdana,arial,helvetica,sans-serif;"> does not appear to be building the confidence expected. </span><a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aduyM89fUXIg&refer=currency" target="_blank" title="Japanese yen, yen forex trading, forex trading, Japanese yen FX market, currency market, FX market, U.S. dollar currency trading, currency trading" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the rise of the Japanese yen in forex trading on the currency market</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-style: italic; font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><font size="2"> ``There are risk aversion factors at play, strengthening the yen,'' said Neil Jones, head of European hedge-fund sales in London at Mizuho Capital Markets.</font></div> 9 application/xml false currency market currency trading forex trading FX market Japanese yen Japanese yen FX market U.S. dollar currency trading yen forex trading Japanese Yen on the FX Market Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 The yen is rising against the U.S. dollar and the euro in currency trading as global equities fall and worries continue over the credit crisis. Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.11) Gecko/20071127 Firefox/2.0.0.11 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web