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To: Wally Mastroly who wrote (10090)11/26/1999 5:29:00 PM
From: Wally Mastroly  Respond to of 15132
 
Yen Surges to 4-Year High Level Against Dollar, Record Against Euro

bloomberg.com

Excerpt:

>New York, Nov. 26 (Bloomberg) -- The yen surged to its highest level in almost four years against the dollar, and to a record high against the euro, on expectations international investors will continue to pile into Japanese securities.

``The story continues to be market optimism fueling capital
flows into Japan,' said Alex Beuzelin, a market analyst at
Washington-based Ruesch International, which advises corporations on currency risk management. ``That's really fueling demand for yen.' <