(Bloomberg) -- The yen rebounded from a record low
against the euro on speculation Japanese investors will
repatriate income from maturing Italian and French government
debt.
The currency also rose against New Zealand's dollar after a
report showed falling business confidence in that nation, which
may deter investors from buying its higher-yielding assets.
Italy is due to pay 1.6 billion euros ($2.2 billion) in coupon
and principal today and France will make payments of 17.3
billion euros on July 12, according to data compiled by
Bloomberg.
Read more at Bloomberg Currencies News
against the euro on speculation Japanese investors will
repatriate income from maturing Italian and French government
debt.
The currency also rose against New Zealand's dollar after a
report showed falling business confidence in that nation, which
may deter investors from buying its higher-yielding assets.
Italy is due to pay 1.6 billion euros ($2.2 billion) in coupon
and principal today and France will make payments of 17.3
billion euros on July 12, according to data compiled by
Bloomberg.
Read more at Bloomberg Currencies News
No comments:
Post a Comment