Saturday, January 22, 2011

Forex

Great Britain: Approved requests for mortgage decreased to 40 thousand in December. It became known today that a number of approved mortgage requests in Great Britain decreased to 40 thousand in December against the level of 45 thousand in November.On the other hand, the currency managed to rise against the Japanese yen today. The Forex traders reacted to the falling crude oil prices, while the dovish expectations for the Canadian interest rates continued to press on the currency. Oil (Brent), which is a major part of the Canada�s exports, fell from $97.79 to $96.34 on the spot market today.

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