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View Full Version : Yen Rises on Speculation RBA Rate Cut to Damage Carry Trades - Bloomberg



NewsWhore
11-03-2008, 07:50 PM
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Yen Rises on Speculation RBA Rate Cut to Damage Carry Trades (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaGy8lArvHkiw%26refer%3Dhome&cid=1266164588&ei=AZ4PSea9Lo3I9AS_rcyJDg&usg=AFQjCNF9cQp9rcfL6eivWZCqSO5wREbtPw)
Bloomberg - 59 minutes ago
The yen also advanced on speculation declines in US stocks will deter investors from buying higher yielding assets funded with the Japanese currency. ...


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