NewsWhore
06-10-2009, 12:10 PM
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Yen Drops as Economic Prospects Prompt Higher-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaWRjXDlrbQqU&cid=1257397453&ei=sd0vSs_ZG9CdlQf04KzMBQ&usg=AFQjCNEEZrkveFATqzX2AzDJUkW5DppmHg)
Bloomberg
“Investors in Japan are selling the yen to buy some higher-yielding currencies,” said Hidetoshi Yanagihara, senior currency trader at Mizuho Corporate Bank in New York. “Carry trades will last for a while.” The yen slid 0.3 percent to 137.44 per euro ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaWRjXDlrbQqU&cid=1257397453&ei=sd0vSs_ZG9CdlQf04KzMBQ&usg=AFQjCNEEZrkveFATqzX2AzDJUkW5DppmHg)
Yen Drops as Economic Prospects Prompt Higher-Yield Demand (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaWRjXDlrbQqU&cid=1257397453&ei=sd0vSs_ZG9CdlQf04KzMBQ&usg=AFQjCNEEZrkveFATqzX2AzDJUkW5DppmHg)
Bloomberg
“Investors in Japan are selling the yen to buy some higher-yielding currencies,” said Hidetoshi Yanagihara, senior currency trader at Mizuho Corporate Bank in New York. “Carry trades will last for a while.” The yen slid 0.3 percent to 137.44 per euro ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaWRjXDlrbQqU&cid=1257397453&ei=sd0vSs_ZG9CdlQf04KzMBQ&usg=AFQjCNEEZrkveFATqzX2AzDJUkW5DppmHg)