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Japanese Yen Plunges As US Stocks Rocket Over 4% Higher
Thursday, 16 October 2008 20:05:02 GMT
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The Japanese yen has plunged across the majors on a volatile day of trading. In fact, US stock markets managed to finish the day up over 4 percent after spending most of the day in negative territory, but it's clear that investors aren't necessarily "confident" quite yet, as the CBOE's VIX Volatility Index remains dangerously close to record highs.
Currency Performance Versus the Japanese Yen Since Yesterday
Source: Bloomberg
Dow Jones Industrial Average (Intraday Chart)
Source: Bloomberg
VIX Index (Daily Chart)
Source: Bloomberg
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