Archive for April 9th, 2013

New Overnight Developments Abroad - Daily Update

Fresh Signals Regarding the Yen

April 9, 2013

An amber light on yen depreciation was flashed by a key advisor to Japanese Prime Minister Abe.  Mr. Hamada suggested that 100 per dollar is a much more appropriate and competitive level. The dollar has fallen back 0.4% against the yen.  It has also dropped 0.4% relative to sterling as well as 0.5% versus the […] More

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