Sun, Sep 25, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Currencies more

Yen weakens for 2nd day on speculation G-7 to keep intervening

Posted on 21 March 2011

The yen declined for a second day against all its major counterparts on speculation the Group of Seven nations will keep selling the currency to curb its appreciation and help support Japan’s economy.
The yen extended losses after sliding the most against the dollar in six months on March 18 when G-7 members sold the currency after it reached a postwar high, endangering the Japan’s recovery from its biggest earthquake……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 47813 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
September 2016
S M T W T F S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930