PDA

View Full Version : Yen Falls as Signs European Slump Easing Damp Safety Demand - Bloomberg



NewsWhore
04-29-2009, 11:41 AM
<img alt="" height="1" width="1">
Yen Falls as Signs European Slump Easing Damp Safety Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DabLPd87Llmgc%26refer%3Djapan&cid=1342915830&ei=7Gj4SZ-aLqC4MYWHqZkI&usg=AFQjCNHvqjxcs8YviiuAyX0sWMDIGXPy-A)
Bloomberg
“The dollar is under pressure as the safe-haven flow is unwinding,” said Sebastien Galy, a currency strategist at BNP Paribas Securities SA in New York. “It points to more risk taking.&#39; The yen weakened 1 percent to 128.10 per euro at 8:49 am in New ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DabLPd87Llmgc%26refer%3Djapan&cid=1342915830&ei=7Gj4SZ-aLqC4MYWHqZkI&usg=AFQjCNHvqjxcs8YviiuAyX0sWMDIGXPy-A)