yen

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    EPIC UPDATE: YEN HITS 5-WEEK LOW VS DOLLAR, EURO STUCK FOR NOW

    TOKYO: The yen languished at five-week lows versus the dollar on Monday after a surge in U.S. bond yields last week, while the euro was sluggish versus the dollar in subdued trade where the ebb and flow of euro zone optimism was seen continuing to drive markets. The dollar rose as high as...
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    As the yen soars, the need for intervention grows

    AFTER taking office in September, Hirohisa Fujii, Japan’s finance minister, widely let it be known that he was happy with a strong yen. But he had not anticipated that the currency would so soon become a bolt hole for panicky investors fleeing turmoil in world financial markets. Fears of a...
  3. rahul_parab2006

    Asia stocks rebound, pushing yen down

    Asia stocks rebound, pushing yen down 28 Oct, 2008 HONG KONG: Stocks in Hong Kong, Japan and South Korea rallied on Tuesday, boosted by irresistible valuations, pushing down the yen, though investors were still expected to pull money out Asia in anticipation of a deep global slowdown. The...
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    Euro Climbs To 6-day Highs Against Pound And Yen

    Euro Climbs To 6-day Highs Against Pound And Yen ... 4:30 am ET and 5:00 am ET, respectively. Across the Atlantic, the US weekly MBA mortgage applications report has been slated for release at 7:00 am ET. Copyright(c) 2008 ... More...
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    Will Euro or Yen will replace Dollar as the global currency?

    From the start of 2008,one of the headlines is whether US is in a recession or not?Rupee was rising against the dollar and as a result IT companies in India are re-working their strategies to cut their exposure on dollar revenue.This is not an isolated case.Even currencies like Yen,Euro is...
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