The News Review:
- FREX-Yen gains vs major currencies as optimism fades
- WRLD FREX:Euro Falls Below $1.40 Down Vs Yen n Payroll Data
- WRLD FREX: Yen Up As ptimism ver US Global Econ Fades
FREX-Yen gains vs major currencies as optimism fades
Reuters
services sector shrinks at slower pace (Updates prices adds detail) By Steven C. Johnson NEW YRK July 6 (Reuters) – The yen gained broadly onMonday as investors nervous about the global economic outlookshunned risk and took shelter in currencies perceived to besafest in times of subpar growth. The dollar hit a five-week low against the yen as falloutfrom last week’s grim U. jobs data unnerved investors who hadbet on an improving world economy. The greenback briefly hit atwo-week high against the euro but gave up gains as the Dow andS&P 500 staged a late return to positive territory.
WRLD FREX:Euro Falls Below $1.40 Down Vs Yen n Payroll Data
Wall Street Journal
–>WRLD FREX:Euro Falls Below $1. 40 Down Vs Yen n Payroll Data ArticleCommentsmore in. payrolls report which sent traders out of riskier assets.
WRLD FREX: Yen Up As ptimism ver US Global Econ Fades
Wall Street Journal
–>WRLD FREX: Yen Up As ptimism ver US Global Econ Fades ArticleCommentsmore in. and global economic outlook drove speculators to buy the safe-haven Japanese currency. The dollar fell three-fourths of a yen to an intraday low of Y95. 24 on EBS from where it stood in Toronto late Friday.
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