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iFOREX Daily-May 22, 2013
The U.S. Dollar rallied against the majority of its trading peers despite a lack of U.S. economic data, as investors await the Federal Reserve Chairman Ben Bernanke’s testimony on the country’s economic outlook before Congress, set later for today. The ...
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Articles
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Yen Rebounds On Japanese Economy Minister’s Concerns
The Yen rebounded after having reached the lowest price since 2008 and made the biggest gains in three weeks after Japan’s Economy Minister, Akira Amari, suggested that further currency declines would probably have a negative impact on the economy. The Yen rose against most of its money exchange peers as Mr. Amari indicated that further [...] ...
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