Daily Video Recap (4/16): Goldman News Boosts Yen, Weakens Commodity Currencies
April 20, 2010 - 10:51 pm
The Yen surged on news that the SEC brought fraud charges against Goldman Sachs. The news prompted a sell-off in US equities which heightened the sense of risk aversion in currency markets benefiting the Japanese currency. Also, oil and gold tumbled which weakened the Canadian and Australian Dollars.
News Provided by FXTimes/CMS Forex
http://www.fxtimes.com
http://www.cmsfx.com
Analyst: Nick Nasad
Open up a free practice account and start trading Forex today.
Duration : 0:9:14
http://www.leveragefx.com | How to make money in Foreign Currencies using Fibonacci Retracements and Fibonacci Profit Targets.