Reuters: US Dollar Report: Yen extends losses, hits 20-month low vs dollar

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

Yen extends losses, hits 20-month low vs dollar Dec 26th 2012, 00:03 SINGAPORE | Tue Dec 25, 2012 7:03pm EST SINGAPORE Dec 26 (Reuters) - The yen fell to a 20-month low against the dollar on Wednesday, pressured by expectations that incoming Japanese Prime Minister Shinzo Abe would push the Bank of Japan into more forceful monetary easing. The dollar rose as high as 85.08 yen on trading platform EBS, the greenback's highest level since April 2011, and last stood at 85.03 yen, up 0.4 percent on the day.

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