Yen slighly slips ahead the Bank of Japan meeting

Source: Bloomberg
© Scanpix/Reuters
The Yen depreciated by 0.1% to $84.00 during Tokyo trading session on Tuesday, as it touched 84.48 per Dollar in the previous New York trading hours. That was the weakest point of the Yen since April 2011. The Yen depreciates as new Prime Minister Shinzo Abe was elected this weekend and ahead his meeting with the Bank of Japan representatives to discuss further monetary policy easing tomorrow.

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