From the daily archives: Wednesday, March 10, 2010

Yen Falls Against Higher-Yield Currencies as China Exports Rise (Bloomberg)

On March 10, 2010 By

March 10 (Bloomberg) — The yen declined against all of its major counterparts after a report showed that China’s exports rose the most in three years, renewing investor demand for higher-yielding assets.

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Stocks Climb as Treasuries, Yen Retreat on Economic Optimism (Bloomberg)

On March 10, 2010 By

March 10 (Bloomberg) — Stocks rose, erasing the 2010 loss for a gauge of emerging markets, while Treasuries and the yen fell as data on Chinese exports and U.S. wholesale inventories bolstered optimism the global economy is strengthening.

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New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally (Daily FX via Yahoo! Finance)

On March 10, 2010 By

The New Zealand dollar extended the rally from earlier this week and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board and retraced the two-day rally against the U.S. dollar.

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