FIN – Rayrice Forex News

Sterling gains U-turn on tax cuts, yen weakened past 145 per dollar

SINGAPORE/LONDON, Oct 3 (Reuters) – Sterling rose on Monday after Britain reversed plans to cut its top income tax, while the yen weakened to more than 145 against the dollar last month, the level at which Japanese authorities intervened last month. The pound touched a one-week high of $1.128, its highest level since Sept. 22, … Read more

FOREX Safety: Bend raises yen After PM fired, euro falls to equities

Yen’s flight to safety The euro dropped to a 20-year low to $ 1.00720. Stable or strong U.S. jobs data could boost the dollar – analysts say LONDON, July 8, 2010 (FBC) – Former Japanese Prime Minister Shinzo Abe was shot dead as he campaigned for a parliamentary election last Friday, raising questions about Yen … Read more