Tuesday, July 24, 2007

Rubber Falls in Tokyo on Strengthening Yen, `Weaker' Commodities Sentiment

(Bloomberg) -- Rubber futures in Tokyo fell as the
yen strengthened and some analysts said investors were starting
to favor assets other than commodities.

The Japanese currency gained to its highest in more than two
months against the dollar, cutting the yen cost of contracts to
buy rubber in dollars. The Rogers International Commodity Index
fell 1.3 percent yesterday.


Read more at Bloomberg Commodities News

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