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View Full Version : Yen Gains as Stock Losses Sap Demand for Higher-Yielding Assets - Bloomberg



NewsWhore
04-07-2009, 03:40 PM
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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/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da2iGqAJo80BA%26refer%3Djapan&cid=1327133219&ei=i63bSfPIBpTC6APsycjjCA&usg=AFQjCNFv9abBb0sMRfhp-3Zcd4K9g11Qyw)
Bloomberg
The dollar gained versus most of its major counterparts excluding the yen on bets the worst of the global recession isn’t over, making the world’s main reserve currency more attractive. “The underlying trend is for the dollar to go higher,” said Lauren ...


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