NewsWhore
04-07-2009, 09:10 AM
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Yen Gains as Stock Losses Sap Demand for Higher-Yielding Assets (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaVjgNMTBc0Rc%26refer%3Dasia&cid=1327133219&ei=H1LbSaDKN4vqQre5vf4D&usg=AFQjCNHM4l-fZ0rS5x3rsxCH-sFJkYwykw)
Bloomberg
“It’sa near-term correction of the yen after a recent decline, which was driven by a rally in risk assets,” said Lee Hardman, a currency strategist at Bank of Tokyo-Mitsubishi UFJ Ltd. in London. “Overall, we remain bearish on the yen. ...
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaVjgNMTBc0Rc%26refer%3Dasia&cid=1327133219&ei=H1LbSaDKN4vqQre5vf4D&usg=AFQjCNHM4l-fZ0rS5x3rsxCH-sFJkYwykw)
Yen Gains as Stock Losses Sap Demand for Higher-Yielding Assets (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaVjgNMTBc0Rc%26refer%3Dasia&cid=1327133219&ei=H1LbSaDKN4vqQre5vf4D&usg=AFQjCNHM4l-fZ0rS5x3rsxCH-sFJkYwykw)
Bloomberg
“It’sa near-term correction of the yen after a recent decline, which was driven by a rally in risk assets,” said Lee Hardman, a currency strategist at Bank of Tokyo-Mitsubishi UFJ Ltd. in London. “Overall, we remain bearish on the yen. ...
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaVjgNMTBc0Rc%26refer%3Dasia&cid=1327133219&ei=H1LbSaDKN4vqQre5vf4D&usg=AFQjCNHM4l-fZ0rS5x3rsxCH-sFJkYwykw)