Tuesday, July 24, 2007

Dollar hits 2 1/2-mth low vs yen on credit worries

(Reuters) - The tumble in the U.S. stock market also prompted investors to trim risky trade financed by borrowing in the low-yielding yen, boosting the Japanese currency broadly on Tuesday.




Market participants were keeping an eye on share prices, and another sell-off in global stock markets could prompt more investor risk aversion, traders said.


Read more at Reuters.com Hot Stocks News

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