Tag Archives: JPY advances again

JPY Records Further Advances against the Major Currencies

Posted on21. Nov, 2008 by admin.

0

Recently, the JPY rallied against the USD and the EUR on speculation that slides in global stocks will prompt investors to sell higher-yielding assets and pay back loans in Japan. The Yen also advanced versus the New Zealand dollar and against the British pound, as U.S. lawmakers held off taking action on a bailout requested [...]

Continue Reading