Thursday, July 12, 2007
Now, about Dollars
I found this another article on bloomberg.com. This article talks about our dollar value fall and falling Yen.
" July 12 (Bloomberg) -- The yen fell to a record low against the euro as rallying global stocks signaled investors were taking on risky bets, including so-called carry trades.
Japan's currency pared a gain versus the dollar on speculation investors resumed selling the yen to fund carry- trade purchases of assets in countries with higher yields. The Bank of Japan kept its key interest rate at 0.5 percent today, the lowest among"