Dollar hits 14-year low vs. yen, gold at new high
November 26th, 2009
| Category: Industry News
By Susan Fenton HONG KONG (Reuters) - The dollar slumped to a 14-year low against the yen on Thursday, helping gold scale another record high, while Asian stocks faltered as investors digested a mixed batch of economic data. Financial bookmakers expected European stockmarkets to open lower while U.S. markets will be closed for the Thanksgiving holiday. The dollar skidded below 87 yen to its lowest level since July 1995 as Japan said it was not planning to intervene in the …
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