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TOKYO - The dollar jumped against the yen and euro in Asia on Friday as stocks rebounded on hopes of a new US government plan to rescue troubled financial firms, traders said.
The dollar was up to 106.94 yen in Tokyo afternoon trade, from 105.37 ...
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- I love reading a lot. During my free time, I always read blogs, researches, book reports, etc. I also love dancing and singing. Surfing the net is also one of my past time.
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Dollar jumps in Asia on hopes for US rescue
TOKYO - The dollar jumped against the yen and euro in Asia on Friday as stocks rebounded on hopes of a new US government plan to rescue troubled financial firms, traders said.
The dollar was up to 106.94 yen in Tokyo afternoon trade, from 105.37 in New York late Thursday.
The euro fell to 1.4180 dollars from 1.4348 dollars while firming to 151.63 yen from 151.21.
The dollar gained strength after turbulence as stock markets bounced back to allow some risk-taking, said Kenichi Yumoto, vice pres… Continue
The dollar was up to 106.94 yen in Tokyo afternoon trade, from 105.37 in New York late Thursday.
The euro fell to 1.4180 dollars from 1.4348 dollars while firming to 151.63 yen from 151.21.
The dollar gained strength after turbulence as stock markets bounced back to allow some risk-taking, said Kenichi Yumoto, vice pres… Continue
Posted on September 24, 2009 at 6:53am —
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