16.01.2009 - How can a currency rise in value - even with shockingly low interest rates?

From Worldcurrencywatch.com: There is one fundamental principle that guides currency traders all over the world. It’s actually pretty simple. It goes like this… Forex traders buy currencies with higher interest rates to secure higher yields. In doing so, they push up that currency’s value. On the other hand, Forex traders tend to take their money and run away from currencies with lower interest rates - and that pushes the currency’s value down..... Full Article: Source

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