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Bargain Dollar Days In Japan; People Storm Banks To Exchange Yen
; ...For Japanese, their yen suddenly buys many more dollars than it did just a...depositing as many yen as possible into ATM...to exchange them for dollars. One Citibank ATM in...to convert 1 million yen to dollars. If she had done it...
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U.S. Exporters Unworried About Dollar; Big Multinational Companies See Rising Yen as an Opportunity
; ...beneficial for us, selling in yen and producing in dollars," said Judy Thompson, Motorola...Japan, since it takes more dollars to buy a product priced in yen. And in these cases, she...because they have to convert dollars into yen. And top officials at Airbus...
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As dollar fades, central banks turn to yen VIEWPOINTBUSINESS ASIA by Bloomberg
; ...central banks shift out of dollars into yen. Expecting the dollar to fall...two-thirds of which are held in dollars. Buying yen is a bet it will rebound from...on the horizon to push the yen lower. Investors in dollars or euros probably face greater...
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Dollar Gains Against Yen For 2nd Day; Possible Turning Point Seen for U.S. Currency
; ...hopes of making the yen less attractive...huge amounts of dollars on a continuing...that if I borrowed yen and switched into dollars, I can't be hurt...have been selling dollars to protect themselves...against a rise in the yen, might stop doing...
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Dollar firms on euro, falls against yen.(Business)
; ...gap in December, but the yen rallied on speculation...The euro fell to 1.1903 dollars at 2200 GMT 1.1979 dollars...dollar slipped to 117.84 yen from 118.83 yen on Thursday after news...December to 65.7 billion dollars, pushing the gap for all...
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Playing yen against dollars again tempts risk takers
; ...investors took low-interest loans in yen or dollars and invested at higher rates...the Thai baht, to convert to yen and dollars to pay off the loans. And that...American hedge fund. The selling of dollars to buy yen and pay off the yen loans helped...
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Yen no friend of dollar's trend.(Market Strategy)
; ...Aussie, Canadian dollar and Swiss franc, but rose 1.0% vs. the yen. The chart illustrates how the yen's performance vs. the dollar this year has been out of line...secret that the dollar's relatively smooth landing against the yen is due to Tokyo's efforts in preventing its currency from...export ...
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Dollar Hits 137 Yen in Tokyo for First Time in Six Years
; ...was quoted at 137.13-15 yen at 5 p.m., up from 136.62-65 yen at 9 a.m., and from 135.85-95 yen last Friday in New York. The dollar peaked at 137.19 yen during the day, a level last seen August 28, 1991, when it hit 137.20 yen. Market players rushed to buy dollars after a magazine ...
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Dollar Keeps Falling Against Yen and Mark; Analysts Call Decline A Long-Term Trend
; ...Coordinated purchases of dollars on Friday by the...it took just 92.80 yen to buy a dollar...is doing fine, but dollars that have been in...converted into marks and yen." A fourth key development...firms are selling the dollars they are earning...States in exchange for yen. They are ...
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Yen edges up against the dollar // But traders fear G-7 action
; ...a seven-year high of 140.99 yen reached earlier. Concern G-7 central banks might buy yen for dollars was revived after Taku Yamasaki...to take action to stem the yen's decline. Still, it's doubtful...the Bank of Japan in selling dollars, said Brian Martin, chief currency...is unlikely to ...
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