Mid-Day Report: Yen and Dollar Extends Rally, Financial System Stress Heightens

By | May 25, 2010

The Japanese yen, and to a lesser extent dollar, jump sharply higher today as global stock markets are weighed down by fear of contagion effect from Spain’s banking problems. Major European indices are down over -3% in the middle of the day before recovering mildly, following -3.0% fall in Nikkei. View full post on Action Insight (All Reports)


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