12/12/08 News of the rejection of the US automaker bailout proposal led to the end of risk appetitie as well as allowing the low-yielding yen to trade at a 13 1/2 year high against the dollar.
NYFP | December 12, 2008
Tags:. .automaker. .yen. .rejection. .bailout. .proposal
Allowing Automaker Bailout Dollar Led Low Proposal Rejection Risk Trade Trading Vs Yen