PDA

View Full Version : Yen, Dollar Rise as Global Recession Spurs Demand for Safety - Bloomberg



NewsWhore
03-12-2009, 08:01 AM
<img alt="" height="1" width="1">
Yen, Dollar Rise as Global Recession Spurs Demand for Safety (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaZSwbqYmzjBo%26refer%3Djapan&cid=1314366118&ei=euy4SYTyLYuwMrDZxeMJ&usg=AFQjCNHV3cahyNUK7mmKQPmiK2gqRI5wSQ)
Bloomberg
“The market is troubled by the lack of follow-through in equity markets and it has held the risk rally back,” said Henrik Gullberg, a currency strategist at Deutsche Bank AG in London. The yen appreciated to 122.41 versus the euro as of 9:20 am in ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaZSwbqYmzjBo%26refer%3Djapan&cid=1314366118&ei=euy4SYTyLYuwMrDZxeMJ&usg=AFQjCNHV3cahyNUK7mmKQPmiK2gqRI5wSQ)