| 29.05.2009 - Yen rises after broad slide on retail flows |
| From Reuters: The yen rose on Friday, climbing from a two-week low against the dollar and a seven-week trough versus the euro hit the previous day when Japanese retail investors shifted funds to overseas assets on hopes the worst of the global recession is over. The dollar also edged down against the euro, staying under pressure after strong U.S. durable goods data on Thursday prompted investors to trim holdings of the safe-haven currency.......Full Article: Source |