Japanese Yen Dominates, British Pound Plummets on Dismal UK News (Forex Video)

Published April 23rd, 2009 - 01:23 GMT
Al Bawaba
Al Bawaba

Japanese yen remains in demand as FX carry trades tumble while British pound comes under pressure on signs of surging UK budget deficit. Canadian retail sales set to decline on Thursday...



Stories To Watch on DailyFX

-               What economic news impacted the FX markets today and how may Candian retail sales affect the Canadian dollar on Thursday?
-               Check out the DailyFX team's FX trading weekly forecast and individual trading picks.
 
Questions? Comments? You can send them to Terri at tbelkas@dailyfx.com