Tuesday, May 20, 2008

Yen Gains as Stock Decline Spurs Investors to Cut Carry Trades - Bloomberg - SendMeRSS


Turkish Press

Yen Gains as Stock Decline Spurs Investors to Cut Carry Trades
Bloomberg - 42 minutes ago
By Stanley White May 21 (Bloomberg) -- The yen gained against the Australian dollar and the British pound on speculation stock losses will prompt investors to pare holdings of higher-yielding assets funded in Japan.
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