Mid-Day Report: Yen and Dollar Extends Rally, Financial System Stress Heightens
By admin | 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)
