Last week, Japanese leaders intervened in an effort to help keep the yen weak. However, the maneuver didn’t go off as well as expected, thanks to demand for Japanese assets from China. And, today, yen is strengthening again as a safe haven.

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Read the rest of Japanese Yen Gains in Forex Trading (149 words)

US dollar is higher right now, gaining as risk aversion makes an appearance. With Italy on the verge of a Greek-like crisis, Forex traders are concerned about what could happen next.

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Read the rest of Concerns about the Eurozone Send US Dollar Higher (175 words)

The euro declined today as investors turned their attention from Greece to Italy and the situation there was bad enough to spur talks about spreading of the debt contagion across the Eurozone.(...)
Read the rest of Concerns Shift to Italy, Making Euro Weaker (112 words)

The Swiss franc weakened today after the report showed that the inflation in Switzerland unexpectedly declined, spurring the speculation that the central bank may tighten the peg of the Swiss currency to the euro.(...)
Read the rest of Franc Drops as CPI Falls, SNB Ready to Intervene Again (96 words)