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View Full Version : Yen Drops as Evidence Slump Waning Spurs Higher-Yield Demand - Bloomberg



NewsWhore
05-04-2009, 03:20 PM
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Yen Drops as Evidence Slump Waning Spurs Higher-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Dav9zvHWMalSI%26refer%3Dasia&cid=1344833334&ei=6kH_SbGtO4zG6AOs8eT3Bw&usg=AFQjCNHRoIxcFiOlFVnkoTMWg-0rgAJpOQ)
Bloomberg - Ye Xie (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:%22Ye Xie%22&hl=en&ned=us&ie=ISO-8859-1)
“We are on the verge of accelerating into a new regime of risk taking,” said Sebastien Galy, a currency strategist at BNP Paribas Securities SA in New York. The yen slid 0.6 percent to 132.33 per euro at 11:52 am in New York, from 131.59 last week. ...


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