Reuters: US Dollar Report: Dollar rises to 20-month high versus Japanese yen

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 rises to 20-month high versus Japanese yen Dec 19th 2012, 11:47 LONDON | Wed Dec 19, 2012 6:47am EST LONDON Dec 19 (Reuters) - The dollar extended gains against a broadly weak Japanese yen on Wednesday, hitting a 20-month high on expectations the Bank of Japan will unveil more monetary easing on Thursday. The dollar rose 0.4 percent on the day to hit 84.58 yen on EBS trading platform, its highest since April 2011. Traders said market participants targeted an options barrier at 84.50 yen, adding that stop loss buy orders were triggered once it rose above that level. A further options barrier was reported at 85.00 yen.

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