| RPT-Q+A-Will Japan intervene to curb yen s rise? (at Reuters) A broad fall in the dollar has propelled the yen higher, bringing the Japanese currency within range of levels it has not traded at for 15 years and raising speculation whether even more gains will tempt Japanese authorities to intervene. us.rd.yahoo.com |
China lifts its holdings of South Korean bonds (at Financial Times) China more than doubled its direct holdings of South Korean treasury bonds in recent months as it turned to regional markets to invest some of its $2,450bn in foreign exchange reserves in currencies other than the US dollar and the euro. us.rd.yahoo.com |
Currencies: Dollar index falls to seven-month low [at MarketWatch] - The dollar gives ground, as investors increasingly look for the Federal Reserve to undertake additional monetary easing. The yen rises in the aftermath of better-than-expected results in a Japanese business survey. us.rd.yahoo.com |
Currencies: Dollar up a second day as investors turn defensive The dollar rises against most major rivals, but loses further ground versus the yen, after fears of tighter Chinese monetary policy dent risk appetite. us.rd.yahoo.com |
Japan ponders living with strong yen For Yoshihiko Noda, Japan's finance minister, the G20's weekend warning against disorderly exchange rate movements suggested the yen might enjoy a "more stable" relationship with the dollar and euro. us.rd.yahoo.com |