TOKYO, June 20 The Nikkei opened gap up at 8739.10 after gains on Wall Street overnight on expectations of more Fed ease. It edged up to 8740.65 before falling back later to 8711.22 into the TSE morning close. The afternoon saw it rally again to a fresh high of 8770.41. Most other Asian bourses also gained albeitly modestly with the Hang Seng up 0.62%, KOSPI 0.65% and Sensex 0.2%. The Shanghai Composite is off 0.34% however
Nikkei closes up 96.44 pts, 1.11% at 8752.31, many eye Fed ease
Wed, Jun 20 2012, 06:21 GMT | FXstreet.com
EUR/USD May 20 at 14:52 GMT
1.2858/63 (0.14%)
H1.2879 L 1.2819
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
