What’s Behind the Big Moves in Currencies?
January 21, 2009 at 13:39 PM EST
There has been a lot of volatility in the foreign exchange market this morning, driving currencies to historic levels: GBP/USD - 26 Year Low USD/JPY - 13 Year Low NZD/USD - 6 Year Low EUR/JPY - 6 Year Low CAD/JPY - 13 Year Low GBP/JPY - Record Low NZD/JPY - 8 Year Low The most significant moves have been in the British pound, [...]