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View Full Version : Yen Declines as Signs of US Recovery Boost Demand for Yield - Bloomberg



NewsWhore
05-26-2009, 08:10 PM
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Yen Declines as Signs of US Recovery Boost Demand for Yield (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaDYF2TdEhbl4%26refer%3Djapan&cid=0&ei=UoccSuGlGcfFsAaHq6mEBw&usg=AFQjCNEqgaSP2_Q560pne_GPtYEAwT-opA)
Bloomberg
“When there is a bit of optimism about the economy, demand for the safe-haven currencies weakens,” said Yousuke Hosokawa, a senior currency dealer in Tokyo at Chuo Mitsui Trust & Banking Co., a unit of Japan&#39;s seventh-largest banking group. ...


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