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View Full Version : Yen Rises to 8-Week High After Fed Projects a Deeper Recession - Bloomberg



NewsWhore
05-21-2009, 03:23 AM
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Yen Rises to 8-Week High After Fed Projects a Deeper Recession (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaxLUiDaUpnqA%26refer%3Dhome&cid=1244452379&ei=3AMVStndLpKxmAf5gOGjCA&usg=AFQjCNGcSM61FdA-gsXi083A74iJYQ3wgA)
Bloomberg
By Theresa Barraclough and Ron Harui May 21 (Bloomberg) -- The yen rose to an eight-week high against the dollar after the US Federal Reserve projected a deeper recession, boosting demand for the Japanese currency as a refuge from the global slump. ...


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