Yen in Forex Trading

235587 Resource 119247 120646 120646 1246454426924 1246454426924 Controlled Japanese Yen Drops Against Euro in Forex Trading

Chinese demand indicates that the recession may be coming to an end

The Japanese yen is dropping against the euro in forex trading on the currency market this morning as a change appears to be taking place in the global economy. The yen, known as a safe haven currency, is being abandoned as forex traders look for higher yields in riskier currencies. One of the main drivers behind the weakness of the yen is the fact that<a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aAQM5vJhSFrY" target="_blank" title="China manufacturing, Japanese yen, yen forex trading, forex trading, recession, currencies, currency trading, dollar currency trading"> China is expanding its manufacturing</a> for the fourth month in a row. This pick-up in activity bodes well for the global economy, and may be an indicator that the recession is coming to a close. The Japanese yen is also down against the U.S. dollar and the Swiss franc in currency trading. 9 application/xml false China manufacturing currencies currency trading dollar currency trading forex trading Japanese yen recession yen forex trading Yen in Forex Trading Trading with world currencies http://www.fx360.com/?aid=5704 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.11) Gecko/2009060214 Firefox/3.0.11 GTB5 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 119247 blog blogsite/GFTForex/web