The Traderszone Network

Published in TZ Latest News 28 April, 2016 by The TZ Newswire Staff

The strongest and weakest currencies as NY traders enter for the trading day

April 28, 2016: The JPY is the strongest. The USD is the weakest
The BOJ kept rates unchanged and that sent the JPY soaring against all the major currency pairs. The Fed kept their rates unchanged – as expected – and kept the market guessing going forward as far as future tightenings.  That helped weaken the greenback.  The NZD also moved higher despite the RBNZ comments that the currency should fall and they keep the door open for further easing.