Reason for yen fall

anna jennifer

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Oct 17, 2008
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The yen pared earlier losses versus the euro as the Dow Jones Industrial Average fell below 9,000 for the first time since 2003, discouraging investors from seeking higher-yielding assets funded in Japan. Group-of-Seven finance ministers and central bankers will meet for two days in Washington starting tomorrow to discuss the financial crisis, which has already led to bank bailouts in most of the member nations.
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anna jennifer
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nizam

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Nov 13, 2006
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UK economy is weak...

Housing prices have been falling. They had slided 9 percent this year alone. That is the worst drop in 15 years. Central Bank chief Mervyn King says it has further to go.

Falling house prices and higher food and energy costs are going to dampen consumer spending even more in the coming months.

The British have taken on a record 1.4 trillion pounds ($2.8 trillion) in debt. And those borrowing costs arent getting any cheaper.

Bank of England policy maker David Blanchflower said job losses will triple as the economy slows.

So we should see British pound going lower.
 

seeking

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fuiyooo...... best perbincangan nih..... keep it up guys..... :D
 

rstu565

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