Reuters: US Dollar Report: Yen under pressure, falls to 2-1/2 yr low versus 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 under pressure, falls to 2-1/2 yr low versus dollar Jan 30th 2013, 08:45 LONDON | Wed Jan 30, 2013 3:45am EST LONDON Jan 30 (Reuters) - The dollar rose to a fresh 2-1/2 year high against the yen on Wednesday, bolstered by widening spreads between U.S. Treasuries and Japanese government bond yields amid expectations of more aggressive easing by the Bank of Japan in coming months. The dollar was up 0.6 percent at 91.32 yen, with traders citing option expiries at 91.50 yen which could sway trade. The euro was also 0.7 percent higher at 123.30 yen , with investors targetting its April 2011 high of 123.33 yen.

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