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Wednesday, November 21, 2007
NEWS: Ex-Fed Greenspan - Moves To Correct Subprime Mess Halted
November 21. Over Bloomberg. These comments are seen to have helped the Nikkei and regional stock market indices trade lower this afternoon in addition to more financial institution sell recommendations from Goldman Sachs. At writing, the Nikkei is down 416.28 points or 2.74% on the day at 14,795.24. USD/JPY has traded down to as low as 108.93. EUR/JPY traded back below 162.00 to as low as 161.75.
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