Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline

Posted by admin on Mar 9th, 2010 and filed under Currencies, Yen. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The Japanese Yen strengthened across the board as investors scaled back their appetite for risk, while the British Pound extended the decline from earlier this week and slipped to a low of 1.4937 as Fitch Ratings held a cautious outlook for the U.K.

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Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline

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