Japanese Yen in Currency Trading

219242 Resource 119244 120646 120646 1228140160052 1228140160052 Controlled Japanese Yen Rises in Currency Trading

Impending rate cuts support yen on the FX market

The <a href="http://www.fxstreet.com/technical/market-view/daily-analysis/2008-12-01.html" target="_blank" title="Japanese yen currency trading, currency trading, FX market, yen FX market, carry trade, rate cuts, risk aversion">Japanese yen is rising in currency trading</a> on the FX market as risk aversion plays its part. With the <a href="item/219240" target="_blank" title="Japanese yen currency trading, currency trading, FX market, yen FX market, carry trade, rate cuts, risk aversion">ECB and the BoE set to lower rates</a> this week, the carry trade is being shunned. Additionally, the yen should receive support soon from the fact that the Australian and New Zealand central banks are expected to ease policy as well. This will further dilute demand for the risky carry trade. Japanese officials are so concerned about the yen in currency trading that they are planning to hold an <a href="http://money.cnn.com/2008/12/01/news/international/Bank_of_Japan.ap/index.htm" target="_blank" title="Japanese yen currency trading, currency trading, FX market, yen FX market, carry trade, rate cuts, risk aversion">emergency meeting </a>to try and figure out what to do. 9 application/xml false carry trade currency trading FX market Japanese yen currency trading rate cuts risk aversion yen FX market Japanese Yen in Currency Trading Major currencies 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 119244 blog blogsite/GFTForex/web