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View Full Version : Dollar, Yen Fall as Pace of Job Losses Reduces Safety Demand - Bloomberg



NewsWhore
03-06-2009, 11:30 AM
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Dollar, Yen Fall as Pace of Job Losses Reduces Safety Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Dag9Sa0l9vhkE%26refer%3Djapan&cid=1311770896&ei=SVCxScK6MZGSQ6G6hfsF&usg=AFQjCNHstQ5jeDdJ30h_dGI-pTbHk5JBrw)
Bloomberg
“Markets were bracing themselves for a bigger reduction in payrolls,” said Richard Franulovich, a senior currency strategist at Westpac Banking Corp. in New York. “More risk- aversion positions have to be unwound.” The dollar declined 1.2 percent to ...


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