You are here

CURRENCIES

Yen surge dampens US$ bullish streak

YEN27.jpg
An early surge in the yen in Asia on Thursday put a dampener on any further progress for the US dollar after a bullish two weeks and spurred speculation that US investors are opposing any gains past 110.50 yen.

London

AN early surge in the yen in Asia on Thursday put a dampener on any further progress for the US dollar after a bullish two weeks and spurred speculation that US investors are opposing any gains past 110.50 yen.

In relatively illiquid conditions in the first minutes of