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Daily Report
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iFOREX Daily-May 21, 2013
The U.S. Dollar weakened against most of the majors, including the Yen, after Japan’s Economy Minister, Akira Amari, stated that further declines in the currency could have a negative impact on the country’s economy. Demand for the greenback remained low ...
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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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