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View Full Version : Dollar Trades Near Two-Month Low on Fed’s Plan to Buy US Debt - Bloomberg



NewsWhore
03-18-2009, 10:40 PM
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Dollar Trades Near Two-Month Low on Fed’s Plan to Buy US Debt (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaSFhyBJ3LG70%26refer%3Djapan&cid=1316749867&ei=jbHBSYD6CIKsQMrMzK0E&usg=AFQjCNG_VKzNEis6VYXue-flbE97cCNSpA)
Bloomberg
The yen slid to the weakest versus the euro this year as Japan’s currency may lose its allure as a refuge from the global financial crisis. “This is a surprisingly strong move by the Fed to inject massive amounts of money into the system,” said ...


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