Credit Card and Financial News

An up-to-date look at the Financial World

26 Nov

Dollar hits 14-year low vs yen, gold at new high (Reuters)

Posted in business on 26.11.09

Traders work on the floor of the New York Stock Exchange. The Federal Reserve's zero interest rate policy is provoking growing complaints from some economists who argue it is doing little to spark lending activity and may be fueling new asset bubbles.(AFP/Getty Images/File/Spencer Platt)Reuters – The dollar slumped to a 14-year low against the yen on Thursday, helping gold scale another record high, while Asian stocks faltered as investors digested a mixed batch of economic data.



Related Blogs

tags:

No Comments »