Fri, 26 Jul 2013 11:50:07 GMT
Japanese Yen climbs as metals decline
The Japanese Yen appreciated as a 0.4% increase in consumer prices, the largest jump since 2008, signaled that Japan may stop stimulus. Additional factor for strengthening currency was China's effort to cut production capacity. The Yen advanced 0.6% to 131.03 versus the Euro. Against the greenback, it was also seen up 0.6% to 98.68 as of 10:48 a.m. London time.