| 07.06.2013 - Yen jumps, commodity currencies feel the heat |
| The yen was sharply higher on Thursday as a rout in Japanese stocks forced investors out of popular carry trades, while commodity currencies were under fierce pressure with the Australian dollar wallowing at 19-month lows. The moves came as a closely watched report showed hiring by U.S. firms was sluggish in May, raising the risk that Friday's non-farm payrolls could disappoint..........................................Full Article: Source |