PDA

View Full Version : Yen Rises Toward 2-Week High as Stock Drop Crimps Carry Trades - Bloomberg



NewsWhore
11-11-2008, 07:50 PM
<img alt="" height="1" width="1">
Yen Rises Toward 2-Week High as Stock Drop Crimps Carry Trades (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Daj4kxmbCkpj8%26refer%3Djapan&cid=1268745902&ei=KSoaSfj8PIu-9gSSz4HODg&usg=AFQjCNF6s2feVkHD3Vx4s_eaQ4OcIT5I6w)
Bloomberg - 1 hour ago
``Currency markets are simply following stocks, so declines in equities are a reason to push up the yen,&#39;&#39; said Takeshi Iba, vice president of foreign ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Daj4kxmbCkpj8%26refer%3Djapan&cid=1268745902&ei=KSoaSfj8PIu-9gSSz4HODg&usg=AFQjCNF6s2feVkHD3Vx4s_eaQ4OcIT5I6w)