Saturday, November 21, 2009
CORRECTED-FOREX-Dollar, yen advance as risk tolerance declines
(Corrects dollar rate in paragraph 10 to 89.02 yen, not 88.02.) * Risk appetite wanes; stocks, commodities decline * U.S. dollar, Japanese yen gain vs euro * Australian, New Zealand dollars fall (Recasts; writes through, updates prices, changes byline) By Nick Olivari NEW YORK, Nov 19 (Reuters) - The dollar and yen rose on Thursday amid revived safe-haven demand for the U.S. and Japanese currencies following a pullback in risk appetite as illustrated by declines in equity and commodity markets. The dollar and commodities are often inversely correlated, with oil, gold and other raw materials.
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