Reuters: US Dollar Report: Dollar hits 8 1/2-month high on yen on BOJ expectations

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Dollar hits 8 1/2-month high on yen on BOJ expectations Dec 13th 2012, 00:39 TOKYO | Wed Dec 12, 2012 7:39pm EST TOKYO Dec 13 (Reuters) - The dollar rose to an 8-1/2-month high against the yen on Thursday as markets expect the Bank of Japan to expand its easing programme after the Federal Reserve surprised by explicitly linking policy to the unemployment rate. The greenback rose to as high as 83.33 yen, its highest level since March 27, with its March high of 84.187 seen as a possible next target.

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