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



NewsWhore
04-14-2009, 05:10 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/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3Da6gVIqJPxnsk%26refer%3Dgermany&cid=1332508685&ei=dUbkSf7qOoKmM4HR_O4G&usg=AFQjCNF_AmPGq50pR7XVlNZbv-IXzDoTWQ)
Bloomberg
“The yen is likely to be bought and the dollar also may be bought as a ‘safe-haven’ currency.’’ The yen rose to 132.67 per euro as of 7:45 am in London from 133.81 in New York yesterday. Japan’s currency climbed 1.4 percent against the Australian ...


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