View full page at forexfactory.com

 

Yen Strengthens as Earthquake Boosts Demand for It as a Refuge

From bloomberg.com

The yen rose against all of its major peers amid renewed demand for refuge assets after an earthquake shook buildings in Tokyo, a month after a record temblor triggered a nuclear crisis in Japan. The dollar reached a one-week low against the yen on speculation Federal Reserve officials will reiterate willingness to maintain record stimulus to support the U.S. recovery. New Zealand's currency neared a five-month high against the greenback after the South Pacific nation's central bank said agricultural export prices are likely to remain high. (full story)

Story Stats

  • Posted:
  • Category: Breaking News