Friday, August 5, 2011

Mfarhanonline:Dollar under pressure on US economy fears

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Mfarhanonline Business News TOKYO: The dollar was under pressure in Asian trade Friday on widening fears of a global slowdown, despite speculation Japan may step into markets again and buy the greenback to temper the soaring yen.

The dollar traded at 78.67 yen, down from 78.93 yen in New York, a day after Japan intervened in forex markets to stem the yen’s rise as it a

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http://www.mfarhanonline.com/2011080629855/dollar-under-pressure-on-us-economy-fears/

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