Forex | Forex | Yen Gains on Historic Election (01/09/2009 00:59:22)

Yen Gains on Historic Election

Yen Gains on Historic Election The dollar traded mixed on Monday as risk aversion rose. London trading was closed for a bank holiday, reducing trade volumes. Equity markets fell across the globe, taking their cues from a 7% equity plunge in China. The S&P 500 fell 8.31 points to 1,020.61. The yen rose against its counterparts, boosted by a landslide win by the opposition Democratic Party in Japan as well as diminishing risk appetite. The Chicago business barometer climbed more than


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