(Reuters) - The dollar slid broadly on Tuesday, hitting a two-month low against the yen with sentiment weighed by concerns that problems in the U.S. subrpime mortgage market will leak into broader economic activity.
Weakness in the subprime, or risky, mortgage sector is already spreading to some segments of credit markets, forcing investors to 'play safe' over the last few weeks by buying top-rated government bonds and selling the dollar for almost all other major currencies.
Read more at Reuters Africa
Weakness in the subprime, or risky, mortgage sector is already spreading to some segments of credit markets, forcing investors to 'play safe' over the last few weeks by buying top-rated government bonds and selling the dollar for almost all other major currencies.
Read more at Reuters Africa
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