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View Full Version : Dollar Weakens as Stock Gains Increase Demand for Higher Yields - Bloomberg



NewsWhore
05-29-2009, 02:40 AM
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Dollar Weakens as Stock Gains Increase Demand for Higher Yields (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaYdrFP31AeKY%26refer%3Djapan&cid=0&ei=34UfSt6IBJKxmAf_092QAw&usg=AFQjCNGlt5rb7IugOEe7dVlIMC0qR8uZcA)
Bloomberg
The dollar also weakened versus 15 of the 16 most-traded currencies after South Korea said its national pension fund plans to hold fewer US Treasuries relative to other assets. The yen advanced against the dollar after a Japanese report showed ...


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