Yen Drops to a 7 Year Low; Euro Hits 2 Year Low

The yen slipped to a new 7 year low against the dollar on Monday, extending a huge sell off triggered by the Bank of Japan's surprise decision last week to boost its already massive bond buying stimulus.

Sellers also targeted the euro, which slipped to a new 2 year low against the dollar ahead of a European Central Bank meeting later this week which some think could see further easing measures announced to shore up the Eurozone’s flailing economy.

 

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trades

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Please publish modules in offcanvas position.