Posts published in July 2009

Yen Rebounds on Global Banking Situation Concerns

The yen rebounded versus a number of important currencies as concerns regarding an eventual recovery of banking institutions worldwide rose, consequently attracting investors once again to invest in the safety of the Japanese…

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Dollar Rebounds on CIT Group Concerns

The U.S. currency rebounded versus several currencies after bottoming at a six-week low versus the euro, as speculations that the CIT Group may file for bankruptcy boosted demand for safety. The dollar climbed versus…

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