Yen Rallies, Traders Await Jobs |
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9/4/2008 10:58 PM: EUR/$..1.4273 $/JPY..106.95 GBP/$..1.7562 $/CHF..1.1117 AUD/$..0.8182 $/CAD..1.0676 Yen Rallies, Traders Await Jobs The yen rallied sharply across the board, advancing to 186.20 against the sterling, 150.59 versus the euro and 105.71 to the dollar. With global equity bourses posting sharp losses, traders scaled back carry trades as a result of the heightened risk aversion. Meanwhile, the greenback jumped to its highest level since October 2007 against the euro at 1.4213 and
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