(Bloomberg) -- Rubber futures in Tokyo, the global benchmark, fell to the lowest in more than a month amid speculation traders were selling ahead of Japan's Golden Week holidays next week.
Prices also dropped as a decline in the U.S. currency cut the dollar value of contracts traded in yen and amid signs Japanese economic growth may be slower than some had expected. The yen traded at 118.46 per dollar at 1:15 p.m. in Tokyo, compared with 118.59 in New York late yesterday.
Read more at Bloomberg Commodities News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment