159137 Resource 133514 120646 120646 1171895981550 1171895981550 Controlled A Look at Today's FX Market Spread bets and CFDs on currencies <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The major currencies are at a bit of a crossroads, and they are actually rather dependent upon each other. Knowing where the currencies are at on the FX market, and how they interact with each other can help your spread betting and contracts for differences on currencies. </span><a href="http://www.reuters.com/article/ousiv/idUSL1956928220070219" target="_blank" title="FX market, spread bets, CFDs, spread betting, contracts for differences, major currencies, spread betting currencies" style="font-family: verdana,arial,helvetica,sans-serif;">Reuters reports on the state of today's FX market</a><span style="font-family: verdana,arial,helvetica,sans-serif;">:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><p><font size="2"> The value of Japan's currency is part of a growing Asian challenge to Europe as the world's leading exporter. This is led nowadays as much by China, with its vast pool of cheap labor and a currency that is state-controlled, unlike the yen.</font></p> <p><font size="2"> Also, just when the yen may be about to reverse course, the dollar is also showing possible signs of becoming a weakling, slipping in recent days to levels that cause concern in Europe, from about $1.30 per euro upwards.</font></p> <p><font size="2"> Analysts stress that a yen revival is no cure-all for the European economy. Morgan Stanley's chief Europe economist, Eric Chaney, calculated that a 20 percent yen rise would add just 0.2 percentage points to euro zone gross domestic product.</font></p></div> 9 application/xml false CFDs contracts for differences FX market major currencies spread bets spread betting spread betting currencies Learn Spread Bets and CFDs on Currencies The FX market and spread betting and contracts for differences http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.0.9) Gecko/20061206 Firefox/1.5.0.9 127.0.0.1 127.0.0.1 mmarquit false true false false true 133514 blog blogsite/GFTUK/web