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View Full Version : NZ Dollar Heads for Weekly Gain Against Yen on Yield Demand - Bloomberg



NewsWhore
04-17-2008, 07:10 PM
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NZ Dollar Heads for Weekly Gain Against Yen on Yield Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaOQxoUrUtJ_8%26refer%3Daustralia&cid=0&ei=HdkHSK7DNpSoygSkupm3Cg&usg=AFrqEzf6oVB8fjbwmaWYJldKZVceLEvuwQ)
Bloomberg - 33 minutes ago
New Zealand&#39;s benchmark rate is 7.75 percent higher than Japan&#39;s, making the currency a favorite for the so-called carry trade where investors borrow ...


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