NewsWhore
03-05-2009, 08:00 PM
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Yen to Weaken to 102 Against Dollar on Recession, Barclays Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da.6u.EHUlfm8%26refer%3Dhome&cid=0&ei=X3awSdXTOoqk0QX3sd35BQ&usg=AFQjCNFVcADL2VeCJYpCHRI-V0-za12QdQ)
Bloomberg
The currency has lost 8.8 percent since strengthening to 87.12 per dollar on Jan. 21, the highest since 1995, as investors sold higher-yielding assets to repay low-cost borrowings in Japan. The yen will weaken 4 percent against the greenback over the ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da.6u.EHUlfm8%26refer%3Dhome&cid=0&ei=X3awSdXTOoqk0QX3sd35BQ&usg=AFQjCNFVcADL2VeCJYpCHRI-V0-za12QdQ)
Yen to Weaken to 102 Against Dollar on Recession, Barclays Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da.6u.EHUlfm8%26refer%3Dhome&cid=0&ei=X3awSdXTOoqk0QX3sd35BQ&usg=AFQjCNFVcADL2VeCJYpCHRI-V0-za12QdQ)
Bloomberg
The currency has lost 8.8 percent since strengthening to 87.12 per dollar on Jan. 21, the highest since 1995, as investors sold higher-yielding assets to repay low-cost borrowings in Japan. The yen will weaken 4 percent against the greenback over the ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da.6u.EHUlfm8%26refer%3Dhome&cid=0&ei=X3awSdXTOoqk0QX3sd35BQ&usg=AFQjCNFVcADL2VeCJYpCHRI-V0-za12QdQ)