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View Full Version : Yen Trades Near Five-Month Low Versus Euro on High-Yield Demand - Bloomberg



NewsWhore
03-24-2009, 05:00 PM
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Yen Trades Near Five-Month Low Versus Euro on High-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Da0dwnB3E4Y4M%26refer%3Dasia&cid=0&ei=90rJSamVPI_G6APTmeT2Dg&usg=AFQjCNHnhhb87uGvuCFqOaHtsQTbOh_Hfg)
Bloomberg
“It really looks to be primarily a correlation trade based on risk appetite,” said Brian Dolan, chief currency strategist at FOREX.com, a unit of online currency trading firm Gain Capital in Bedminster, New Jersey. “When risk sentiment improves, ...


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