Friday, April 17, 2009

Forex. Review of trades in Asia 17/4

The morning auction on Friday, the dollar rose slightly against the background of the positive attitude of regional stock markets. However, in general, according to dealers, the dollar rising trend develops very slowly. Demand for U.S. currency in Tokyo, led the dollar / yen Breaks Yesterday's high at 99.39 and reached a level of 99.77. This has contributed to the positive opening of the Japanese stock market. By mid-day on the Nikkei 225 rose 2.22% to 8 949.55. However, the dollar / yen was unable to fix his success, and roll back to 99.36, while euro / yen dropped to 130.35, after growth of 131.56. According to analysts of BNP Paribas, over the past two days the Japanese currency has shown surprising results, as paired with the U.S., and paired with yen. Euro also fell against the dollar from yesterday's levels of 1.1399 to 13102, under the influence of sales coupled with yen, but also because of the continuing flight from risk.

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