Dollar, euro rise versus yen

Posted by 7Star Saturday, March 28, 2009

The US dollar and euro rebounded against the yen on Thursday, as investors grew more comfortable buying risky assets such as stocks and commodities, dampening the Japanese currencys safe-haven appeal. Sharp gains on Wall Street led by consumer shares along with the surge in oil, gold, and other base metals have offset persistent concerns about the viability of the US banking system.

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