Yen depreciates on specualtion that Japan will ease bets

Source: Bloomberg
© Scanpix/Reuters
The Yen slipped to 83.67 versus the Dollar in early London trading session on Thursday. Japanese currency slipped more than 1% this week and dropped for the lowest level since 21st of March. Investors trade the Yen with negative sentiments on speculations that the Central Bank of Japan will expand monetary easing program after the election this weekend. Currently, the Yen value is based on expectations and the key for a further currency's movement is Abe's cooperation with BOJ after the election.
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