Yen Rises; Subprime Losses Spur Sales of Higher-Yielding Assets
Story date: 2007-11-20 10:08:00
Added on: 2007-11-20 22:35:29
Bloomberg - The currency strengthened against all 16 of the most- actively traded currencies after Freddie Mac, the second-biggest U.S. mortgage-finance company, reported a record loss and the Federal Reserve reduced its 2008 economic growth forecast. Crude oil ...
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