| 23.01.2009 - Yen climbs, nearing record high versus Pound, on risk aversion |
| From Bloomberg: The yen rose toward a record high against the British pound and traded near the strongest level since 1995 versus the dollar as concern the global slowdown will worsen spurred investors to take refuge in Japan’s currency. Sterling fell toward a 23-year low versus the dollar and declined to near the weakest in two weeks against the euro before a U.K. report that may show Britain’s economy shrank in the fourth quarter by the most since 1990..... Full Article: Source |