The yen stretched its gains against its rivals, tracking its overnight strength on renewed concerns about Europe and tremors in the region’s banking sector.
Currencies: Panicked Investors Flock To The Yen, Shredding The Dollar
MarketWatch.com - Top Stories, MarketWatch
Mon, 02/08/2016 - 11:27pm
BING NEWS:
- US nods to 'serious' Japan, S Korea concerns over slumping currencies
The rare warning from the three countries' finance chiefs came as receding expectations of a near-term U.S. interest rate cut pushed the yen to 34-year lows, keeping markets on alert on the chance ...
04/18/2024 - 1:55 am | View Link - Stock market today: US stocks edge higher ahead of key inflation data that will help determine Fed rate plans
US stocks edged higher on Tuesday as investors await a key inflation report later this week. The March consumer price index report is set to be released Wednesday morning, and investors expect a ...
04/9/2024 - 2:39 am | View Link - The world's most powerful currencies ranked
Investopedia notes that investors often buy it and fund the transaction with a lower-yield currency, such as the Japanese yen, in a so-called ... investors flock to the trusted currency ...
03/20/2024 - 8:22 pm | View Link - More
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