FOReign EXchange

Reuters - NEW YORK, Nov 21 (Reuters) - The yen surged to its highest level against the dollar in more than two years on Wednesday as investors pared back exposure to risky trades on worries about credit market losses and the health of the U.S. economy. The

FOREX-Dlr hits record low as risk-shy investors buy yen
Reuters - LONDON, Nov 21 (Reuters) - The dollar hit a record low against the euro and a basket of major currencies on Wednesday and the yen rose sharply as concerns on the health of the U.S. economy and global credit markets saw investors flee risky carry