(Reuters) - But ongoing worries that problems in the U.S. mortgage market may bleed into the broader economy continued to resonate, keeping investors from aggressively selling the low-yielding yen for assets in higher-yielding currencies in risky carry trades.
"Until now, the story has revolved around dollar weakness, yen weakness and euro strength," said Hideaki Inoue, forex manager at Mitsubishi UFJ Trust and Banking.
Read more at Reuters.com Hot Stocks News
"Until now, the story has revolved around dollar weakness, yen weakness and euro strength," said Hideaki Inoue, forex manager at Mitsubishi UFJ Trust and Banking.
Read more at Reuters.com Hot Stocks News
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