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View Full Version : Yen Falls to 1-Month Low as US Stocks Gain, Spur Carry Trade - Bloomberg



NewsWhore
05-27-2008, 10:20 AM
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Yen Falls to 1-Month Low as US Stocks Gain, Spur Carry Trade (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaWYCBEvDi_XA%26refer%3Djapan&cid=0&ei=-Bg8SNaYMY3y-wG37ZDcDQ&usg=AFrqEzfrp3QQ8yvx_THAt3z9KGN1Ls3Eig)
Bloomberg - 29 minutes ago
The risk is currency moves erase those profits. Japan&#39;s benchmark rate of 0.5 percent compares with a central bank rate of 4 percent in Europe, ...


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