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View Full Version : Yen, Dollar Drop as Signs Slump Easing Spur Higher-Yield Demand - Bloomberg



NewsWhore
05-04-2009, 06:40 PM
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Yen, Dollar Drop as Signs Slump Easing Spur Higher-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Daxh9SghKmRx4%26refer%3Djapan&cid=1345787617&ei=xWL_SbvLJ8yp_gbl1-n6Bw&usg=AFQjCNHUlKQQvX3TghAcazrmbVO_fSIx6g)
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 0.7 percent to 132.57 per euro at 4:25 pm in New York, from 131.59 last week. ...


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