» Japanese Yen Remains Under Pressure in Currency Trading

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Japanese Yen Remains Under Pressure in Currency Trading

Forex trading with the Japanese yenThe Japanese yen remains under pressure in currency trading on the FX market today as interest rate news continues to support steady rates. Additionally, the lower price of oil is supporting the US dollar in forex trading against the Japanese yen.

Right now, the yen carry trade is also in favor as a bit of risk appetite remains a feature of the FX market. Investors are anxious to take advantage of yields, and this is keeping pressure on the yen in FX trading.

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This entry was posted on Friday, July 18th, 2008 at 13:31 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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