Buy High Yielding Currencies, Dollar, Yen, Under Pressure.

June 10, 2009. Amid speculations that global recession is easing Investors have started buying high yielding currencies because of their higher interest rates (Australian dollar 3 percent, New Zealand 2.5 percent,2 percent in Korea compared with Zero percent in US and 0.1 percent in Japan. ) Australian dollar rose on the news that consumers confidence jumped in June most in 22 years signs that economy may avoid recession.

0 Responses to “Buy High Yielding Currencies, Dollar, Yen, Under Pressure.”


  1. No Comments

Leave a Reply