Send tip

Category: Money

Dollar Spikes Against Yen

Written on August 04, 2011 by Japhet Writ

Comments Off

Just 18 hours after Switzerland announced its interest rate cut, US dollar made an instant spike against Yen.

At 3:00 AM ET last Wednesday, announced an in order to cool the . Then 18 hours later, – which is crushed by a surging currency – made its move. Or so it seems.

As indicated by the chart posted below, the US Dollar just made a very unnatural instant spike against .

With talking about the unusual strength of Yen, this likely coming has been in the cards for the wire.

View Article Source »

Comments (0)

Comments are closed.

If you want to leave a comment you must be logged in or registered.

Related articles


View all