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View Full Version : Yen, Dollar Weaken as Asian Stock Rally Boosts Demand for Yield - Bloomberg



NewsWhore
03-26-2009, 05:07 AM
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Yen, Dollar Weaken as Asian Stock Rally Boosts Demand for Yield (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DarpqDHS9V3tQ%26refer%3Dasia&cid=1319158924&ei=0TjLSfCmEIecMqmomL8M&usg=AFQjCNGwQ4rIqIr6uZhpjIIgOatf_NRSfQ)
Bloomberg
The yen also weakened on speculation Japanese reports will show retail sales and business sentiment are deteriorating, reducing demand for the currency as a refuge. “Extreme pessimism about the global economy is receding,“ said Yousuke Hosokawa, ...


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