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Forex Trading Risk Currencies In Demand

August 31, 2010 By admin Leave a Comment

FX Trading Update

Higher-risk currencies had a chance to shine in Friday’s international session after Fed Chairman Ben Bernanke pledged to take action, if necessary, to safeguard the US economy.

The euro and pound exchange rate gained around 1% against the yen and increased slightly against the US dollar.

The Australian dollar finished the session up 2.4% to 76.63 yen and up 1.4% to 89.90 US cents.

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