PDA

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



NewsWhore
05-04-2009, 05:25 AM
<img alt="" height="1" width="1">
Yen Drops as Speculation Global Slump Waning Spurs Yield Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaJQwNiRb6lo0%26refer%3Dhome&cid=1344833334&ei=daj-SYPDGMqfmAebzcH-Bw&usg=AFQjCNFgUVw6n-jZV1AfZwKqLLe6bV9gSw)
Bloomberg - Bo Nielsen (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:%22Bo Nielsen%22&hl=en&ned=us&ie=ISO-8859-1), 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)
“It&#39;s difficult to be optimistic for the yen at a time when risk aversion is declining,” said Michael Klawitter, a currency strategist with Dresdner Kleinwort in Frankfurt. “Downward momentum in the economy seems to be slowing. ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaJQwNiRb6lo0%26refer%3Dhome&cid=1344833334&ei=daj-SYPDGMqfmAebzcH-Bw&usg=AFQjCNFgUVw6n-jZV1AfZwKqLLe6bV9gSw)