PDA

View Full Version : Yen Falls Versus Higher-Yielding Currencies as Asia Stocks Rise - Bloomberg



NewsWhore
05-19-2009, 03:12 AM
<img alt="" height="1" width="1">
Yen Falls Versus Higher-Yielding Currencies as Asia Stocks Rise (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dar4VFi67QMWU%26refer%3Dhome&cid=1354017798&ei=CVASStXzAciwmAeF0qH9Bg&usg=AFQjCNHUshF2lQxfksyrOCATR8eBnoFikA)
Bloomberg
By Ron Harui May 19 (Bloomberg) -- The yen weakened against higher- yielding currencies as an advance in Asian stocks and optimism the global recession is easing damped demand for safer assets. The yen fell against 14 of the 16 most-traded currencies ...


More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Dar4VFi67QMWU%26refer%3Dhome&cid=1354017798&ei=CVASStXzAciwmAeF0qH9Bg&usg=AFQjCNHUshF2lQxfksyrOCATR8eBnoFikA)