Yen Bulls Gain Strength as US Economy Slows



Investors are showing a growing interest in long yen positions as a haven alternative to the dollar as US growth slows. Meanwhile, Japan’s cabinet approved a 29.1 trillion yen ($198 billion) extra budget to fund a economic stimulus package that aims to ease the impact of inflation on the economy. Paul Jackson reports on Bloomberg Television.



The Fifth Avenue News is a channel where you can learn about the current events in the market- and find out about how to plan for the future. Every day, we deliver our audience the top headlines in business and finance in a quick, concise, and entertaining way. We’re here to keep you up-to-date on the latest news so you can stay informed.

You May Also Like