Monday, October 22, 2012

Reuters: US Dollar Report: Dollar hits highest level vs yen since mid-July

Reuters: US Dollar Report
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Dollar hits highest level vs yen since mid-July
Oct 22nd 2012, 15:02

NEW YORK | Mon Oct 22, 2012 11:02am EDT

NEW YORK Oct 22 (Reuters) - The dollar rallied against the Japanese yen on Monday, hitting its highest level since mid-July on raised expectations of more monetary stimulus from the Bank of Japan when it meets next week.

The dollar hit a high of 79.87, its highest since July 12. It last traded at 79.84, up 0.7 percent on the day, according to Reuters data.

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