Yen depreciates as Asian stocks rise

Source: Reuters
© Scanpix/Reuters
Japanese Nikkei 225 index dipped 1.4% at the beginning of the Tuesday's session only to rebound and surge 1.4% later in the day. The growing stock market encouraged investors to sell the Yen, which lead to the Dollar's appreciation of 0.9% to 101.86 Yen. MSCI's index of shares outside of Japan jumped 0.2%, while Australia's .AXJO and South Korea's .KS11 both advanced 0.4%.

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