Europe, Japan Officially in Recession

November 17, 2008

Currency trading and global recessionEven while officials hesitate to officially declare that the U.S. is in a recession, that situation has been confirmed in Europe and in Japan. The two economic powers have been confirmed in a recession.

However, in spite of this, the euro has rallied this morning in forex trading, and the Japanese yen continues to dominate the U.S. dollar in currency trading.

See Also

• World Currencies in Forex Trading
  Currency trading on the FX market

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