(Bloomberg) -- The yen fell from a three-month high
against the euro as a recovery in Japanese stock prices eased
concern traders will reduce investments in riskier assets funded
by loans in the currency.
``The rebound in Asian stocks is helping to restore some
risk appetite,'' said Lee Wai Tuck, currency strategist at
Forecast Singapore Ltd. ``This is causing some yen selling.''
Read more at Bloomberg Currencies News
against the euro as a recovery in Japanese stock prices eased
concern traders will reduce investments in riskier assets funded
by loans in the currency.
``The rebound in Asian stocks is helping to restore some
risk appetite,'' said Lee Wai Tuck, currency strategist at
Forecast Singapore Ltd. ``This is causing some yen selling.''
Read more at Bloomberg Currencies News
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