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View Full Version : Yen Rises to 12-Week High Against Euro as Carry Trades Pared - Bloomberg



NewsWhore
08-13-2008, 03:24 AM
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Yen Rises to 12-Week High Against Euro as Carry Trades Pared (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DauuDwRCxi0qM%26refer%3Djapan&cid=0&ei=S4yiSMuRKpS8-wHx5pmPBg&usg=AFQjCNGahAfWV4C-4BYffnz8dfC_0hukaQ)
Bloomberg - 15 minutes ago
``The yen is being bought as Japanese investors are unwinding long positions in higher-yielding currencies,&#39;&#39; said Nobuaki Tani, a currency dealer at Resona ...


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