The yen pushed deeper into multi-year lows versus the dollar and euro on Tuesday as the market saw every reason to sell the currency with the Japanese central bank on a warpath to battle deflation.
The dollar rose to as high as 99.67 yen on trading platform EBS, the greenback’s strongest level versus the yen since May 2009. The dollar later pulled back a bit on profit-taking and last stood at 99.25 yen, down 0.1 per cent on the day.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1210608/yen-hits-47-month-low-vs-dollar-focus-100-threshold
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