Tuesday, May 19, 2009

Changing attitudes to risk forcing the dollar and yen to lose in the price

The dollar and the yen may continue to decline against the high-yield currencies against the backdrop of increasing the appetite in relation to risk assets, experts believe Bank of America Securities - Merrill Lynch. Such sentiments are the recent history of developing capital markets, which is headed by a major positive rally of Indian shares, as well as rising commodity prices, said Steven Pearson, currency strategist in London offices of Bank of America.

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