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View Full Version : Yen, Dollar Rise as North Korea Nuclear Test Spurs Haven Demand - Bloomberg



NewsWhore
05-25-2009, 12:10 AM
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Yen, Dollar Rise as North Korea Nuclear Test Spurs Haven Demand (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaFYk8ojUoHT8%26refer%3Dhome&cid=1246822686&ei=nxwaSqGnF8KgmAf92Oz9Ag&usg=AFQjCNGmX6YwGm7WItzbuiBOWBloBcDo8Q)
Bloomberg
“The report may lead to greater geopolitical risk,” said Lee Wai Tuck, a currency strategist at Forecast Pte in Singapore. “This is causing risk aversion and buying of the yen. The dollar is also being bought as it is still viewed as a safe- haven ...


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