Thursday, October 25, 2012

Reuters: US Dollar Report: Dollar extends gains vs yen, hits 4-month high

Posted by Ava on 7:05 AM

Reuters: US Dollar Report
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Dollar extends gains vs yen, hits 4-month high
Oct 25th 2012, 13:27

NEW YORK | Thu Oct 25, 2012 9:27am EDT

NEW YORK Oct 25 (Reuters) - The dollar hit a four-month high against the yen on Thursday as expectations the Bank of Japan will ease monetary policy next week weighed on the Japanese currency.

The dollar hit a high of 80.25 yen, its highest since June 25. It last traded at 80.24, up 0.6 percent on the day, according to Reuters data.
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