Japanese Elections Announcement Causes Yen to Tumble
The JPY fell against virtually all of its main currency rivals yesterday after it was announced that elections would be held in Japan, possibly as soon as next month. The US dollar also saw minor losses against the euro amid speculations that interest rates in the US will remain at their current low levels until the beginning of 2016. Turning to today, news out of the US is likely to generate significant activity in the marketplace. Traders … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards