Yen, Dollar Decline on Speculation Europe Will Assist Greece [ZT]# Stock
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Feb. 9 (Bloomberg) -- The yen and dollar declined on speculation European
officials will agree to assist Greece in tackling its fiscal deficit,
reducing demand for the two currencies as a refuge.
The euro rallied from near an 11-month low versus the yen as European
Central Bank President Jean-Claude Trichet left a central bankers’ meeting
in Sydney a day early, sparking speculation policy makers will help Greece
address its budget deficit. The yen declined for a third day against the
dollar on s
officials will agree to assist Greece in tackling its fiscal deficit,
reducing demand for the two currencies as a refuge.
The euro rallied from near an 11-month low versus the yen as European
Central Bank President Jean-Claude Trichet left a central bankers’ meeting
in Sydney a day early, sparking speculation policy makers will help Greece
address its budget deficit. The yen declined for a third day against the
dollar on s