218384 Resource 119241 120646 120646 1227015832565 1227015832565 Controlled Forex Trading Forecast: Dollar/Yen

U.S. dollar set to gain in currency trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Recently, the only currency that has been giving the greenback trouble in FX trading has been the Japanese yen. However, the forex trading forecast for the dollar/yen shows that things may be changing.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Right now, due to risk aversion, the Japanese yen has been gaining against the U.S. dollar in currency trading. Another issue is that the U.S. has been cutting interest rates to a point where they are getting closer to Japanese rates.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">All that could change, though. <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=agmpvk9Gb3b8&refer=currency" target="_blank" title="forex trading, forex trading forecast, forex trading dollar/yen, yen currency trading, greenback FX trading, FX trading, currency trading, U.S. dollar">Bloomberg </a>reports that some analysts feel that the U.S. will start raising rates again next year, and that the interest rate differential will be enough to help the greenback overcome the yen in FX trading.</span></font><br /> 9 application/xml false currency trading forex trading forex trading dollar/yen forex trading forecast FX trading greenback FX trading U.S. dollar yen currency trading Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.4) Gecko/2008102920 Firefox/3.0.4 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119241 blog blogsite/GFTForex/web