Dollar, Yen Weaken as Global Recovery Signs Damp Safety Demand -Shanghai Metals Market

Hot Keywords

  • Zinc
  • Market commentary
  • Copper scrap
  • Aluminium
  • Copper
  • Nickel
  • Steel
  • Futures movement
  • Nickel sulphate
  • price
  • Inventory data
  • Evening comments
  • Morning comments
  • Macroeconomics
  • gold price

Dollar, Yen Weaken as Global Recovery Signs Damp Safety Demand

Data Analysis 08:55:40AM Apr 01, 2010 Source:SMM

NEWYORK, Apr. 1 --  The dollar and yen fell against most other major currencies after the Bank of Japan's Tankan survey added to signs the global recovery is gaining momentum, damping demand for safer assets.

The U.S. currency dropped to $1.3539 per euro as of 9:19 a.m. in Tokyo from $1.3510 in New York yesterday. The yen weakened to 126.54 per euro from 126.27.
 

Key Words:  US dollar  US dollar index 

Dollar, Yen Weaken as Global Recovery Signs Damp Safety Demand

Data Analysis 08:55:40AM Apr 01, 2010 Source:SMM

NEWYORK, Apr. 1 --  The dollar and yen fell against most other major currencies after the Bank of Japan's Tankan survey added to signs the global recovery is gaining momentum, damping demand for safer assets.

The U.S. currency dropped to $1.3539 per euro as of 9:19 a.m. in Tokyo from $1.3510 in New York yesterday. The yen weakened to 126.54 per euro from 126.27.
 

Key Words:  US dollar  US dollar index