PDA

View Full Version : Yen Gains as Decline in Stocks Reduces Demand for Higher-Yield ... - Bloomberg



NewsWhore
06-16-2009, 01:32 AM
<img alt="" height="1" width="1">
Yen Gains as Decline in Stocks Reduces Demand for Higher-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%3Da8nfkceQQwk4&cid=1261869341&ei=VCM3Ss_cEtiPmAfj2M2TCA&usg=AFQjCNGi5g4-8dC5py3WknrxWd1xSlo5eQ)
Bloomberg
By Yoshiaki Nohara and Ron Harui June 16 (Bloomberg) -- The yen strengthened against higher- yielding currencies as a decline in Asian stocks increased demand for safer investments. Japan&#39;s currency gained the most against the Australian dollar, ...


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%3Da8nfkceQQwk4&cid=1261869341&ei=VCM3Ss_cEtiPmAfj2M2TCA&usg=AFQjCNGi5g4-8dC5py3WknrxWd1xSlo5eQ)