(Bloomberg) -- The yen strengthened for a third day
against the euro on speculation investors will unwind positions
in so-called carry trades, after stocks in the U.S. declined.
The yen rose to 165.36 per euro at 8:07 a.m. in Tokyo from
165.83 late in New York yesterday. Japan's currency traded at
123.00 per dollar from 123.26.
Read more at Bloomberg Currencies News
against the euro on speculation investors will unwind positions
in so-called carry trades, after stocks in the U.S. declined.
The yen rose to 165.36 per euro at 8:07 a.m. in Tokyo from
165.83 late in New York yesterday. Japan's currency traded at
123.00 per dollar from 123.26.
Read more at Bloomberg Currencies News
No comments:
Post a Comment