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View Full Version : Japan Stocks Fall After US Retail Sales Drop, Yen Strengthens - Bloomberg



NewsWhore
04-15-2009, 05:00 AM
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Japan Stocks Fall After US Retail Sales Drop, Yen Strengthens (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da8lgkrNIV6.8%26refer%3Djapan&cid=1333734519&ei=paPlSaXTC4rMM6iWte4G&usg=AFQjCNH7u5GV1HlmrIwQH8SNpvMP6ce1hA)
Bloomberg
Japan’s currency gained about 4 yen versus the euro. A stronger local currency erodes the repatriated value of overseas sales. “If we get further confirmation that the fundamentals are worsening, that could cause a new round of dollar selling and yen ...


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