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View Full Version : Dollar, Yen May Extend Drop as Stock Rally Pares Safety Demand - Bloomberg



NewsWhore
03-04-2009, 07:00 PM
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Dollar, Yen May Extend Drop as Stock Rally Pares Safety Demand (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DahSkHkB6L6kQ%26refer%3Djapan&cid=1310826153&ei=2xavSZK7Aoii0QWskbn3Aw&usg=AFQjCNHzHhnmpbio7sZDhc4KP8dEobMEhw)
Bloomberg
“Insofar as we had dollar support, it wasn’t on the basis of optimism in the US, it was about pessimism elsewhere,” said Steven Englander, chief US currency strategist at Barclays Capital Inc. in New York. “When that pessimism erodes, there’s less need ...


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