Tag: Krona
Yen Falls to Lowest Since November on Concern Economy Worsening
By Ron Harui and Theresa Barraclough
Feb. 26 (Bloomberg) — The yen fell to a three-month low against the dollar before reports this week that may add to evidence Japan’s recession is deepening, reducing the appeal of its currency as a refuge from the global financial turmoil.
Posted: February 26th, 2009 under News.
Tags: Asian stocks, Bank of America, British Pound, Canadian Dollar, currency, Currency traders, Currency Trading, Dollar, ECB Rates, Euro, Foreign-Exchange, Forex, Forex Trading, Global Financial Turmoil, Global Recession, Group Treasury Asia in Tokyo at Commerzbank AG, Krona, Swiss Franc, UBS AG, Yen
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Yen Trades Near 1-Week Low on Prospect U.S. to Make ‘Bad Bank’
By Ron Harui and Stanley White
Jan. 28 (Bloomberg) — The yen traded near a one-week low against the dollar and the euro on speculation the U.S. will create an institution to remove toxic assets from banks’ balance sheets, reviving demand for higher-yielding assets.
Posted: January 28th, 2009 under News.
Tags: currency, Dollar, Euro, Federal Reserve, Forex, Global Recession, Krona, Krone, The Federal Deposit Insurance Corp, U.S. House Financial Services, Yen
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