View full page at forexfactory.com

 

Dollar, Euro Fall Vs Yen On Weak Stocks, BOJ Report

From marketwatch.com

The dollar and euro fell against the yen in Asia Thursday as weak regional equities prompted Asian hedge funds and other short-term investors to sell those currencies for the safe-haven Japanese unit. The yen also benefited from speculation that Japan's central bank is unlikely to ease monetary policy soon. The greenback and euro may fall further against the yen for the rest of the week, particularly if share markets remain sluggish, prompting market participants to trim bets on those currencies against the yen, dealers said. In Tokyo Thursday, Japan's benchmark Nikkei 225 Stock Average was down 1.2% in afternoon ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News