Yen rises on speculations that BoJ will refrain from more stimulus

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Japanese Yen appreciated against its major peers on speculation that the BoJ will not increase its monetary stimulus amid recovering economy. The Japanese currency rose 0.7% to 100.44 per U.S. Dollar after touching the lowest point since May 30 two days ago. The Yen appreciated 0.7% to 128.42 per Euro so far today. The currency has lost 21% of its value during the previous 12 months.
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