Post Tagged with: "NZD/JPY"
Get Carried To Profits With The Carry Trade
Guest Post by ForexTraders.com If you’re going to learn about just one market-moving catalyst when it comes to foreign exchange trading, history shows it should be interest rate decisions by the world’s major central banks that move currency market more than any other news event. The reasoning behind this is pretty simple. The forex market
USD/JPY on the March
The Japanese Yen began retreating today, with the USD/JPY above 99. It comes ahead of the ADP Non-Farm Employment Change and of the ISM Non-Manufacturing PMI – two major US figures that will shake the markets. USD/JPY crossed the 99 mark, and is now trading at 99.33. The break of 98.70 resistance line came in the late