Yen and Dollar Gain on Global Recession Fears, US Trade Data Surprises on Upside
Tuesday, January 13th, 2009
Trade data from around the world showed global trade slowing. The UK, Japan and Canada saw deteriorating balances, while the US deficit shrank more thane expected. The Pound was pressured, as were carry trade pairs, as risk aversion continued in global equities.

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Duration : 0:5:22

Technorati Tags: currencies, dollar, economy, euro, Exchange, finance, Foreign, FOREX, FX, News, pound, trading, yen

One Response

1. 0PsycoDad0 Says:
   January 28th, 2009 at 9:02 pm

   Did i hear that …
   Did i hear that right(1:10) the worst performance in 300 years?!

   Besides deflation is happening in germany as ads indicate a price slash of 30-40% today!

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