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View Full Version : Yen Drops as Global Economic Prospects Spur Higher-Yield Demand - Bloomberg



NewsWhore
06-10-2009, 11:10 AM
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Yen Drops as Global Economic Prospects Spur Higher-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3Da9bQ_k6001no&cid=1257397453&ei=lM8vStzqHsWdlQfqorzEBQ&usg=AFQjCNGtCOwMyDxWcSYoiY4i-_j49o24BA)
Bloomberg
By Ye Xie June 10 (Bloomberg) -- The yen declined against all of its major counterparts as speculation the global recession is easing encouraged investors to buy higher-yielding assets funded in the Japanese currency. Australia&#39;s dollar advanced as ...


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