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View Full Version : Yen Strengthens to Post-WWII High Against Dollar on Repatriation Demand - Bloomberg



NewsWhore
03-16-2011, 06:30 PM
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Yen Strengthens to Post-WWII High Against Dollar on Repatriation Demand (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFXO4o2YYz71rgNIM4iWx_NGtfNgw&url=http://www.bloomberg.com/news/2011-03-16/yen-strengthens-to-post-wwii-high-against-dollar-on-repatriation-demand.html)
Bloomberg
â??The Japanese have to repatriate yen and the repatriation will continue as the crisis deepens,â?? said Kurt Magnus, executive director of currency sales at Nomura Holdings Inc. in Sydney. â??My target is 72 on dollar-yen because of the technical breach of ...

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