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View Full Version : Yen, Dollar Gain as Recession Concern Spurs Demand for Safety - Bloomberg



NewsWhore
04-14-2009, 02:02 AM
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Yen, Dollar Gain as Recession Concern Spurs Demand for Safety (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DawfnjDgSP3TY%26refer%3Dhome&cid=1332508685&ei=cCjkScKRCZfCMZOisfEG&usg=AFQjCNFJqeWu3LtKUIcJPzhwpW4QhK0Z-g)
Bloomberg
“The yen is likely to be bought and the dollar also may be bought as a ‘safe-haven’ currency.” The yen rose to 133.15 per euro as of 6:32 am in London from 133.81 in New York yesterday. Japan’s currency climbed 0.8 percent against the Australian dollar ...


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