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Japan's currency traders still hooked - The Australian
REIKO Mitsui watched in horror as the global financial crisis hammered financial markets, sending the balance in her online brokerage account down by 19 million yen ($300,000). But the 44-year-old homemaker is hooked. She is one of Japan's many ...
Read more...Romania’s Leu, Stocks Fall as Voters Fail to Elect Government - Bloomberg
Dec. 2 (Bloomberg) -- Romania’s currency and stocks fell, while investors demanded a bigger return to hold the country’s bonds after elections failed to determine a winner to tackle a growing current-account deficit and deepening financial crisis ...
Read more...Yen Extends Gains as Signs of Global Recession Sap Carry Trade - Bloomberg
Dec. 2 (Bloomberg) -- The yen extended gains to reach a five-week high against the dollar on speculation declines in global manufacturing and stocks will prompt investors to buy back Japan’s currency at the expense of higher-yielding assets. The ...
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