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View Full Version : Yen Falls as Speculation Global Slump Easing Spurs Yield Demand - Bloomberg



NewsWhore
05-03-2009, 11:50 PM
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Yen Falls as Speculation Global Slump Easing Spurs Yield Demand (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaQHXn_ZRE_Vs%26refer%3Dhome&cid=1344833334&ei=_Wf-SZ1QjsayBqHJyP8H&usg=AFQjCNGr3JDv9_HoMPLqeVyaxtU-piDRbQ)
Bloomberg - Ron Harui (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Ron Harui%22&hl=en&ned=us&ie=ISO-8859-1)
The yen declined for a fourth day versus South Korea&#39;s won as Asian nations will create a $120 billion foreign-currency reserve pool by year end to bolster confidence. “The market wants to put some of the risk trade on that they took off toward the end ...


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