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View Full Version : Yen Declines as Rising Stocks Sap Demand for Currency as Haven - Bloomberg



NewsWhore
06-19-2009, 07:00 AM
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Yen Declines as Rising Stocks Sap Demand for Currency as Haven (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaVMDtWCTFkac&cid=1263740179&ei=t3I7SqGDG5fzmQfQl5CkCA&usg=AFQjCNFLpAjcArHXVw1UuxuAEJUsRO43uA)
Bloomberg
By Matthew Brown June 19 (Bloomberg) -- The yen declined as rising stocks spurred investors to seek returns in higher-yielding markets, reducing demand for the Japanese currency as a haven. The yen fell the most against the Australian dollar and the ...


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