ForeX

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Entries for the ‘Asia’ Category

Yen Falls Most Since 2001 Against Euro as Global Stocks Rebound

Oct. 28 — The yen fell the most against the euro since January 2001 and dropped versus the dollar as a rebound in global stocks encouraged investors to reduce bets against higher-yielding currencies.
The currency declined versus the Australian and New Zealand dollars on speculation carry trades will get a boost and Japan’s central bank [...]

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Yen Falls as Japanese Stock Rebound May Spur Investment Outflow

Jan. 18 — The yen declined against 14 of the world’s 16 most-active currencies as a rebound in Asian stocks encouraged purchases of higher-yielding assets funded by loans in Japan.
The yen trimmed its weekly advance against the euro as the Nikkei 225 Stock Average erased an early loss sparked by concern subprime mortgage [...]

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