FOREX-Dollar drops vs yen as investors square up ahead of jobs

by admin on January 6, 2010

FOREX-Dollar drops vs yen as investors square up ahead of jobs
* Markets continue to take profit from Dec’s long dlrs * Dollar drops 1 percent against the yen * U.S. payrolls awaited to gauge dollar direction (Recasts, updates prices, adds quote, changes byline, dateline; previous LONDON) By Gertrude Chavez-Dreyfuss NEW YORK, Jan 5 – The dollar fell against the yen on Tuesday as investors pared back December’s bullish bets on the greenback ahead of the U.S …

Read more on Reuters via Yahoo! Malaysia News

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