SUBSCRIBERS
Stock rises put yen and euro under pressure
Published Thu, Oct 1, 2015 · 09:50 PM
London
THE safe-haven yen and Swiss franc came under pressure on Thursday, along with the low-yielding euro, as global stock markets edged higher after their worst quarterly performance in four years.
The euro was also hit by expectations that the European Central Bank (ECB) will expand quantitative easing after a subdued eurozone inflation report. The Bank of Japan's tankan corporate sentiment survey sent mixed signals, weighing on the yen.
Copyright SPH Media. All rights reserved.