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View Full Version : Dollar Slides Beyond $1.37 Versus Euro on Pared Safety Demand - Bloomberg



NewsWhore
05-12-2009, 06:00 PM
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Dollar Slides Beyond $1.37 Versus Euro on Pared Safety Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DabCvsqIrsKDw%26refer%3Djapan&cid=1349557380&ei=lvMJStaTB5fpkAW45YX5Bg&usg=AFQjCNEoaY831FUYURHw_Z_Ts12eG1LW6A)
Bloomberg
The yen gained against all of its major counterparts as increased currency volatility discouraged investors from borrowing in Japan to buy higher-yielding assets elsewhere. “We will continue to see dollar weakness,” said Ken Jakubzak, ...


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