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View Full Version : Yen Drops as Speculation Global Slump Waning Spurs Yield Demand - Bloomberg



NewsWhore
05-04-2009, 02:15 AM
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Yen Drops as Speculation Global Slump Waning Spurs Yield Demand (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaepsDKXQ_.y0%26refer%3Dhome&cid=1344231461&ei=E4r-Sf6CLNywmAf96oWACA&usg=AFQjCNH7yXyutOTTb5j8mmWmpL-ZlWbrZg)
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 market wants to put some of the risk trade on that they took off toward the end of last week,” said Greg Gibbs, a currency strategist at RBS Group Australia Ltd. in Sydney. “The market is seeing confidence in the global recovery and hence the ...


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