The U.S dollar slid 0.8% against the Yen for a second day on speculation the G-8 leaders may question the greenback's status as the world's reserve currency. Leaders from the G-8 most-industrialized nations are meeting in Italy today to tackle shrinking economies and rising unemployment even after the U.S. pledged $12.8 trillion to end the recession.

Summary

USD - Greenback Retakes Ground Against the Japanese Yen

EUR – The EUR Hits its Lowest in 6 Weeks Against the Yen

JPY - Yen Rallies the Most in 7 Months on Safety Demand

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