Japanese Yen in Currency Trading

206576 Resource 119244 120646 120646 1213360274589 1213360274589 Controlled Bank of Japan Keeps Its Rates on Hold

Japanese yen continues to drop in forex trading

The Japanese yen continues to drop in forex trading on the currency market this morning on the news that the <a href="http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/yen-above-108.00-and-boj-keeps-rates-on-hold-will-g8%11-do-anything-on-fx?-2008061349542/" target="_blank" title="Bank of Japan, interest rates, forex trading currency market, Japanese yen forex trading, yen carry trade, yen currency trading, forex trading, currency trading, Masaaki Shirakawa">Bank of Japan is keeping its rates on hold.</a> Masaaki Shirakawa, the new Bank of Japan governor, defended the move, in spite of the inflation that is affecting Japan, insisting that the <a href="http://forex.fxdd.com/trading-news/4648/forex-trading-news%3A-boj%2526%2523039%3Bs-shirakawa-wires" target="_blank" title="Bank of Japan, interest rates, forex trading currency market, Japanese yen forex trading, yen carry trade, yen currency trading, forex trading, currency trading, Masaaki Shirakawa">Japanese economy is different from the economies</a> in Europe and the United States. Keeping the Japanese interest rate so low is certain to ensure that the yen remains a favorite funding currency for the carry trade for quite some time to come -- as long as risk appetite remains favorable. 9 application/xml false Bank of Japan currency trading forex trading forex trading currency market interest rates Japanese yen forex trading Masaaki Shirakawa yen carry trade yen currency trading Japanese Yen in Currency Trading Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.14) Gecko/20080404 Firefox/2.0.0.14 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119244 blog blogsite/GFTForex/web