Tuesday, March 10, 2009

Forex Today - Fundamental & Technical Analysis

The dollar and the yen declined as gains in Asian stocks fuelled speculation demand for higher- yielding assets will increase. The euro approached a two-month high against the yen on bets European investors will bring home overseas earnings before the end of the financial quarter. South Korea’s won gained the most in almost two months against the dollar as overseas investors bought more of the nation’s shares than they sold. The Australian and New Zealand dollars advanced as Asian stocks rose.

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