Market report
Posted by admin on 16 September, 2008
This item was filled under [ Market ]
On Monday, the dollar hit a two-month low against the yen as turmoil on Wall Street sent stocks plunging and led currency investors to unwind risky carry trades funded by the low-yielding yen.
But worries over financial markets also drove many investors to buy the dollar due to its status as a safe-haven [...]
