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View Full Version : Shirakawa Bows to Yen Bulls as Intervention Fails on Euro Escape - Bloomberg



NewsWhore
06-03-2012, 07:30 PM
Shirakawa Bows to Yen Bulls as Intervention Fails on Euro Escape (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH8PifrA-NYw-n7g5qRQjhOGvT6KQ&url=http://www.bloomberg.com/news/2012-06-03/shirakawa-bows-to-yen-bulls-as-intervention-fails-on-euro-escape.html)
Bloomberg
Bank of Japan Governor Masaaki Shirakawa is being steamrolled by investors pushing the yen toward a post-World War II high against the dollar, negating his attempts to weaken the currency. After depreciating 10.4 percent in the first quarter, ...

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