Monday, October 22, 2012

Reuters: US Dollar Report: Dollar hits 3-month high vs yen, BOJ easing eyed

Reuters: US Dollar Report
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Dollar hits 3-month high vs yen, BOJ easing eyed
Oct 23rd 2012, 00:01

SINGAPORE | Mon Oct 22, 2012 8:01pm EDT

SINGAPORE Oct 23 (Reuters) - The dollar hit a three-month high against the yen on Tuesday, as the yen sagged on growing market expectations for the Bank of Japan to expand its monetary stimulus at a policy meeting next week.

The dollar rose to as high as 80.02 yen on trading platform EBS, its highest level since early July, and last stood at 79.99 yen, up 0.1 percent from late U.S. trade on Monday.

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