PDA

View Full Version : Yen Drops to 5-Month Lows as Stock Gains Spur Demand for Yield - Bloomberg



NewsWhore
04-06-2009, 03:10 AM
<img alt="" height="1" width="1">
Yen Drops to 5-Month Lows as Stock Gains Spur 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%3DaKxkVK43ZkEQ%26refer%3Dasia&cid=1327133219&ei=OKzZSfv-NIKmM6-SraAG&usg=AFQjCNHEi0aBtZeb4mdI56uO1Ob2AUQv6Q)
Bloomberg
By Yasuhiko Seki and Ron Harui April 6 (Bloomberg) -- The Japanese yen declined to a five- month low against the dollar and the euro as stocks rallied on speculation the global financial crisis is easing, damping demand for the currency as a refuge. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaKxkVK43ZkEQ%26refer%3Dasia&cid=1327133219&ei=OKzZSfv-NIKmM6-SraAG&usg=AFQjCNHEi0aBtZeb4mdI56uO1Ob2AUQv6Q)