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View Full Version : Yen Optimism Plummets as Japanese Economy Shrinks, Exports Fall - Bloomberg



NewsWhore
03-11-2009, 09:00 AM
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Yen Optimism Plummets as Japanese Economy Shrinks, Exports Fall (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da8hMDj5qb.Oc%26refer%3Dhome&cid=0&ei=4ra3SePMDYaaMoC61fcJ&usg=AFQjCNHHlGnwv2FB-9qk2wWFwCd0i7cazg)
Bloomberg
The measure is a diffusion index, meaning a reading above 50 indicates participants expect the currency to appreciate. Participants were last bearish on the yen in August, when the index dropped to 49.19. Bloomberg began compiling the data in December ...


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