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Yen Extends Gains as Signs of Global Recession Sap Carry Trade
Published December 1, 2008, 4:02 pm, Bloomberg
Dec. 2 (Bloomberg) -- The yen extended gains to reach a five-week high against the dollar on speculation declines in global manufacturing and stocks will prompt investors to buy back Japan’s currency at the expense of higher-yielding assets.
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Yen Extends Gains as Signs of Global Recession Sap Carry Trade - Bloomberg
Dec. 2 (Bloomberg) -- The yen extended gains to reach a five-week high against the dollar on speculation declines in global manufacturing and stocks will prompt investors to buy back Japan?s currency at the expense of higher-yielding assets. The ...
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