Market Currents
The dollar dips below ¥80 for the first time in 2 months as one of 2012's favorite shorts -...
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Monday, April 30, 2012, 10:45 AM ETThe dollar dips below ¥80 for the first time in 2 months as one of 2012's favorite shorts - the yen - burns a few bears. After falling more 10% in a straight line in February and early March, the yen has recouped much of the loss due to: 1) the BOJ again being too timid with easing, or 2) a leading indicator of renewed global financial stress. FXY +0.6%.
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