Yen depreciates sharply on easing probability

Source: Bloomberg
Japanese currency weakened to a nine-month record low versus greenback on speculation Bank of Japan may implement a further quantitative easing. Yen dropped 0.3% against US Dollar to JPY 81.80 after Japan's FM Jun Azumi announced he expects the central bank to take certain steps. Currently USD/JPY is trading at JPY 81.65.

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