Reuters: US Dollar Report: Dollar extends gains vs yen, hits more than two-year high

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 extends gains vs yen, hits more than two-year high Dec 31st 2012, 17:07 NEW YORK | Mon Dec 31, 2012 12:07pm EST NEW YORK Dec 31 (Reuters) - The dollar extended gains versus the yen to hit its strongest level since early August 2010 in midday New York trade on Monday. The dollar rose as high as 86.66 yen on Reuters data and was last at 86.53, up 0.6 percent on the day. The yen has come under heavy selling pressure in recent weeks on expectations that Japan's new government will push for aggressive monetary easing.

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