Yen Falls as Australian Inflation Data Encourages Carry Trades (Bloomberg.com)
Story date: 2007-10-23 08:36:11
Added on: 2007-10-23 20:52:24
Oct. 24 (Bloomberg) -- The yen fell against the Australian dollar after a measure of the southern hemisphere nation's consumer prices rose more than expected, fueling speculation the central bank will raise interest rates.
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