Reuters: US Dollar Report: Dollar hits 7-month low vs yen before Fed decision

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Dollar hits 7-month low vs yen before Fed decision Sep 13th 2012, 05:29 SINGAPORE, Sept 13 | Thu Sep 13, 2012 1:29am EDT SINGAPORE, Sept 13 (Reuters) - The dollar hit a seven-month low versus the yen on Thursday, pressured by ongoing market expectations for the U.S. Federal Reserve to announce more monetary stimulus steps following its policy meeting later in the day. The greenback fell as low as 77.651 yen on trading platform EBS, its lowest since mid-February, and last stood at 77.69 yen, down 0.2 percent from late U.S. trade on Wednesday.

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