Day: November 12, 2015

November 12
2015

A Sluggish Economy Keeps the Yen Lower

Sluggish economic news is keeping the yen lower in Forex trading on the currency market. With economic news indicating a slow recovery, there is no reason to expect policymakers to quit easing anytime soon, and that could mean more weakness in the yen. The latest flash machine tools orders showed a decline of 23.1 per cent year over year in October, and there are other signs that the economy is moving […]

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November 12
2015

Draghi Stimulus Hint Sends Euro Lower in Forex Trading

ECB President Mario Draghi has signalled that there is a good chance that policymakers will add stimulus to the eurozone economy in December and that is sending the 19-nation euro down today. Also dropping are commodities. Earlier, Mario Draghi addressed the European Parliament, expressing his disappointment in current inflation dynamics and insisting that they are week. He said that normalizing a desired level of inflation could […]

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