Yen surge extends; global sovereign debt selloff pauses, equities sideways
Sovereign debt selloff paused and equities moved sideways in European afternoon trade as the Japanese yen extended its surge versus the dollar, rising about 2% to near one…
By Joe StonorThe global selloff in sovereign debt paused and equity markets moved sideways in afternoon European trade as investors were on alert for further currency intervention after the Japanese yen extended its surge against the dollar.The yen rose by around 2% against the dollar to a near one…