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To: Bucky Katt who wrote (33484)3/3/2007 1:58:39 PM
From: joseffy  Respond to of 48461
 
Neil Massa, senior trader at MFC Global Investment Management, said stocks wobbled Friday after the yen broke through a key resistance level of 116.80. The dollar fell 0.92 percent to 116.86 yen.

Concerns lingered about a decline in the yen carry trade, which refers to the process of borrowing yen to acquire assets with greater yields in other currencies. A slowdown could hurt liquidity worldwide. Concerns about Japanese interest rates also weighed on investors.

apnews.myway.com



To: Bucky Katt who wrote (33484)3/3/2007 7:20:33 PM
From: joseffy  Respond to of 48461
 
Looks like a job for the vikings here. Are there any left?

chron.com