The Japanese Yen roared higher in overnight trading as the US Senate failed pass a vote that would have led to a decision on a bailout plan for America’s top three automakers. Risk appetite rapidly evaporated, sending stock index futures lower and pushing USDJPY to levels unseen in 13 years. Continued volatility lies ahead as [...]

NEW YORK, Nov 21 (Reuters) - The dollar and yen fell on Friday as global stocks rebounded and reports that banking giant Citigroup was mulling a merger with another firm helped quell market anxiety.
The more relaxed mood prompted those who had lately sold risky assets in favor of the U.S. and Japanese currencies to reverse [...]

The dollar rose sharply on Wednesday, hitting two-year highs against the euro and a basket of currencies, while the yen continued its relentless ascent as investors liquidated riskier assets.

The Dollar climbed to its highest since February 2007 against a basket of currencies on Tuesday as investors bet that interest rates outside the United States will fall sharply to shore up global growth. Concerns over the global economy’s health moved investors away from stocks into the safe havens of the Dollar, Yen and Swiss [...]