Day: May 25, 2009

Yen Falls Against Dollar on North Korean Nuclear Blast

The Japanese yen declined against the U.S. dollar and the euro as the North Korea tested its nuclear bomb, increasing the political tension in the region and the global risk-aversion, while making yen a less attractive asset. The region’s security was questioned by the traders and investors as they sold the Japanese yen and the Australian dollar. The Democratic People’s Republic of Korea […]