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Tag: Yen

Yen Drops for Third Day on Concern Japan’s Economy Is Worsening

By Yasuhiko Seki and Ron Harui
March 10 (Bloomberg) — The yen fell for a third day against the euro before government reports that analysts say will show Japan’s recession is deepening, reducing the appeal of the currency.

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.

Yen’s Haven Allure Fades as Japanese Economic Slide Worsens

By Matthew Brown and Kim-Mai Cutler
Feb. 25 (Bloomberg) — The yen may be losing its appeal as a refuge from turmoil as the financial crisis that morphed into a global economic slump hammers Japanese exports, according to some of the world’s biggest currency analysts and investors.

Yen Trades Near 3-Month Low as Economic Slump Saps Haven Allure

By Theresa Barraclough and Ron Harui
Feb. 25 (Bloomberg) — The yen traded near the lowest level against the dollar in three months as Japan’s weakening economy reduced the allure of the currency as a haven.

Bringing Down House With Credit Default Swaps May Hit Yen Too

By Chris Fournier
Feb. 23 (Bloomberg) — Six months ago, Lee Hardman didn’t care how much it cost to protect government bonds from losses. Now the Bank of Tokyo-Mitsubishi UFJ Ltd. strategist studies derivatives that provide such insurance to predict currency moves — and he’s betting against the yen and the pound as a result.

Bringing Down House With Credit Default Swaps May Hit Yen Too

By Chris Fournier
Feb. 23 (Bloomberg) — Six months ago, Lee Hardman didn’t care how much it cost to protect government bonds from losses. Now the Bank of Tokyo-Mitsubishi UFJ Ltd. strategist studies derivatives that provide such insurance to predict currency moves — and he’s betting against the yen and the pound as a result.