Yen falls on slowing demand for haven assets

Source: Bloomberg
© Scanpix/AFP
The Japanese Yen weakens to the lowest level in a month as signs of global economy's improvement curbed demand for haven assets, while recent data from Japan showed progress in the BOJ's easing efforts. The Yen lost 0.2% to 99.54 per U.S. Dollar after fetching 99.70, the lowest level since August 2. Japan's currency bought 131.13 per Euro compared to 131.04 a day earlier.
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