June 15, 2009I am back from vacation and found this interesting tidbit that could lead to further Yen strength over the next few days:
Sumitomo have announced they are looking at doing a rights issue next week (up to USD 8.6 bio equiv) of which 50% will be offered to non domestics. This deal is expected to close [...]
Posted in 2009 japanese yen, 2009 japanese yen forecast, Japanese Yen 
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