Yen firms as G20 eyed, weak Europe dampens mood
LONDON (Reuters) – The yen firmed on Friday as investors braced for the likelihood of more conflicting comments on currencies from the G20 meeting, while a revival in worries about global economic growth weighed on shares and commodities. The G20 forum in Moscow is in the spotlight as officials are expected to discuss whether the ultra loose monetary polices of the United States, Japan, Britain and the euro zone depart from the group’s commitment to market-driven exchange rates. The dollar shed 0. 5 percent to 92. 46 yen, dropping as far as a one-week low of 92. . . .
View full post on Business News Headlines – Yahoo! News
Leave a Reply