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Yen Drops As Investors Desire For Risk Returns06th September 2007 The US dollar and euro did very well on Thursday, while the yen dropped in comparison. Investors, temporarily confident about the US mortgage crisis, have returned to riskier, higher yielding ventures. So, while Asian and European stocks are going strong, the yen will suffer until the next scare. Re... This article is courtesy of EffectiveFX US Dollar / Japanese Yen Technical Levels | Yen Net Positioning Flips from Short to Long | Mid-Day Report: Dollar Sold off Before Bernanke, CAD Sharply Lower after BoC Hike Categories: Forex News |
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