CURRENT CURRENCY

Current Currency





News of economic downturns felt like a global financial nightmare for many nations. Recent news from England regarding severe problems with their banks have triggered the loss of value in the English Pound. Japan has been in an economic slowdown for the last decade and the currency will reflect just that. Today’s news indicates a falling euro against the dollar and the yen, due to more bad news coming out of European banks. Traders were quick to sell the slumping euro today and yesterday amid more bad news in regards to increasing credit defaults all over the world. With currencies resembling roller coasters, forex trading is open to some unique opportunities, however not without risks.