PDA

View Full Version : Yen Falls as Stocks Gain, Spurring Demand for Higher Yields - Bloomberg



NewsWhore
05-14-2009, 06:30 PM
<img alt="" height="1" width="1">
Yen Falls as Stocks Gain, Spurring Demand for Higher Yields (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DauqHj8vNpa6M%26refer%3Djapan&cid=1349557380&ei=sZ0MSoXkD5idkAWfnJn9Bg&usg=AFQjCNGFeJffeZEtwzUlNOGKQhFcZvCVhA)
Bloomberg
By Oliver Biggadike May 14 (Bloomberg) -- The yen fell against the euro for the first time in four days as a gain in stocks encouraged investors to buy higher-yielding assets funded with Japan&#39;s currency. Banks&#39; costs to borrow yen for three months ...


More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DauqHj8vNpa6M%26refer%3Djapan&cid=1349557380&ei=sZ0MSoXkD5idkAWfnJn9Bg&usg=AFQjCNGFeJffeZEtwzUlNOGKQhFcZvCVhA)