PDA

View Full Version : Dollar Weakens as Global Stock Rally Reduces Demand for Safety - Bloomberg



NewsWhore
03-10-2009, 04:40 PM
<img alt="" height="1" width="1">
Dollar Weakens as Global Stock Rally Reduces Demand for Safety (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Das80QKdku0c8%26refer%3Djapan&cid=1313417316&ei=6sK2SZyXN5PK6QPNmqX9Cw&usg=AFQjCNHRCJPrQzvzZKzjdHAo1fH-zOmhhA)
Bloomberg
The yen fell against currencies including the Australian and New Zealand dollars on evidence Japan’s recession is deepening. “People might be willing to take on a bit more risk if equities bounce,” said Benedikt Germanier, a currency strategist at UBS ...


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%3Das80QKdku0c8%26refer%3Djapan&cid=1313417316&ei=6sK2SZyXN5PK6QPNmqX9Cw&usg=AFQjCNHRCJPrQzvzZKzjdHAo1fH-zOmhhA)