We wrote on 17th June 2006, on our weekly news highlight
Effect: USD/JPY eye on 116.00, the yen will keep falling against all majors next week as well as China’s yuan goes down against dollar. Yuan is considered to be a proxy currency for Yen due to the huge trade exchange Japan and China has between [...]
The yen declined against the dollar, euro and British pound after the Chinese central bank ordered banks to set aside more money. Japan’s currency has declined this week as the Bank of Japan left its benchmark interest rate near zero percent, while Federal Reserve officials hinted at further rate increases.
Effect: USD/JPY eye on 116.00, the [...]
Three detainees hanged themselves in their cells at the U.S. military prison at Guantanamo Bay, Cuba, using their clothing and bedsheets, the U.S. military said.
And
Abu Musab al-Zarqawi was alive when Iraqi and American forces arrived at the scene of a U.S. air strike that targeted him and he died shortly thereafter, a U.S. military commander [...]