Yen rises as global mood sours again
By Patrick Graham LONDON (Reuters) - The yen inched higher on Tuesday as another drop in oil and stock markets sent investors back to traditional safe havens, hammering commodity-dependent currencies in the process. The Australian and New Zealand dollars both sank almost 1 percent in midday trade in Europe, while the Canadian dollar and Norwegian crown - both heavily dependent on oil revenues for capital inflows - fell by more than half a percent. Constantin Bolz, director for FX strategy with U
Read more »