PDA

View Full Version : Standard Life Absolute Return Fund Bets on Credit, Against Yen - Bloomberg



NewsWhore
04-06-2009, 09:10 PM
<img alt="" height="1" width="1">
Standard Life Absolute Return Fund Bets on Credit, Against Yen (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DakM21_1aeRJ8%26refer%3Deurope&cid=0&ei=VKnaSeboHoSOjAfqkYzIBw&usg=AFQjCNHUoha8rpAkOq_JonxZ1VZ8FGVYFw)
Bloomberg
Monro is betting against the Japanese yen or using it in foreign-exchange carry trades, the practice of selling a currency with a low interest rate to buy higher-yielding currencies. “We expect the yen to soften against most things, especially against ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DakM21_1aeRJ8%26refer%3Deurope&cid=0&ei=VKnaSeboHoSOjAfqkYzIBw&usg=AFQjCNHUoha8rpAkOq_JonxZ1VZ8FGVYFw)