Reuters: US Dollar Report: Yen rises after BOJ eases policy as expected

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Yen rises after BOJ eases policy as expected Oct 30th 2012, 05:54 TOKYO | Tue Oct 30, 2012 1:54am EDT TOKYO Oct 30 (Reuters) - The yen jumped on Tuesday after the Bank of Japan eased policy, largely in line with expectations, by increasing its asset purchase scheme by 11 trillion yen ($138 billion), including 1 trillion yen in risk assets such as ETFs. The dollar fell to 79.33 yen, falling below an important support at its 200-day moving average of 79.52 yen.

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