PDA

View Full Version : Yen Near Highest This Week as Stock Decline Crimps Carry Trades - Bloomberg



NewsWhore
11-11-2008, 08:50 PM
<img alt="" height="1" width="1">
Yen Near Highest This Week as Stock Decline 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%3Da965Iv4OVnAI%26refer%3Djapan&cid=0&ei=QzgaSezeFaGuyQTR0sTfDg&usg=AFQjCNHn0JHshee6kyijV03lzHvuwsik1A)
Bloomberg - 33 minutes 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%3Da965Iv4OVnAI%26refer%3Djapan&cid=0&ei=QzgaSezeFaGuyQTR0sTfDg&usg=AFQjCNHn0JHshee6kyijV03lzHvuwsik1A)