Yen Rises Against Euro as Carry Trades Pared on Global Slowdown (Bloomberg.com)
Story date: 2008-07-31 10:47:43
Added on: 2008-07-31 22:51:47
Aug. 1 (Bloomberg) -- The yen rose to a two-week high against the euro as faltering global growth and a slump in Asian stocks prompted traders to pare holdings of higher-yielding assets funded in the Japanese currency.
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