spacemobiles

Currencies – Yen Jumps as bin Laden’s Death Causes Demand for Safety

Posted on: May 3, 2011

The Japanese yen gained today as fears that the death of Osama bin Laden will cause revenge from Al-Qaeda spurred demand from investors for the currency as a safe haven. The MSCI Asia Pacific (excluding Japan) Index of shares fell 1 percent. The UK manufacturing PMI declined from 57.1 to 57.0 in

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