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View Full Version : UBS Favors Buying Yen, Selling NZ Dollar as Yields Hurt Stocks - Bloomberg



NewsWhore
06-10-2009, 06:40 PM
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UBS Favors Buying Yen, Selling NZ Dollar as Yields Hurt Stocks (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da1QSUUYW2Pew&cid=1257397453&ei=CjkwStT7LMSdlQeJ_NXGBQ&usg=AFQjCNFQ-1sIzYR1Ov8by_Wmny5_WA2qGw)
Bloomberg
By Candice Zachariahs June 11 (Bloomberg) -- Investors should sell the New Zealand dollar against the yen as the Japanese currency may strengthen once rising government bond yields prompt a decline in equities, UBS AG analysts wrote yesterday. ...


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