How do foreign currencies react in front of the changes of international markets? Bad luck is a constant at global markets, investors didn’t welcome the measure that some Central Banks took to inject liquidity and reduce the price of foreign currencies cost and beat the credit crisis.
Some days ago information about retail in the United States was known, and as it can be seen, they registered a raise of 1.2% in November, a good data according to expenditure that shows that the movement of foreign currencies is still a constant.
These news are about to support the decision that the Federal Reserve took of reducing in a quarter of point the interest rate that is paid for foreign currencies.
In front of this situation most of the markets closed with red numbers, Wall Street opened in negative, but in the end it succeeded as the titular of the mortgage Freddie Mac said that he had enought foreign currencies to finance their operations.