BUSINESS BREAKDOWN: Investors feeling more upbeat

Thu, 09 Jul 2015

By Tina Morrison July 10 (BusinessDesk) - Investors woke up this morning feeling a little better about the world. The slump in Chinese equities has been arrested for now, and the on-again-off-again talks between Greece and its creditors are on again. That feel-good factor has seen traders reduce their holdings in so-called safe haven currencies like the Japanese yen and the Swiss franc and feel better about investing in higher risk currencies like the kiwi again. The yen and the franc typically rally when there is financial or geopo...

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