Yen weakens versus Euro, Dollar ahead of CPI data

Source: Bloomberg
© Scanpix/Reuters
Japan's currency fell to the lowest level in 16 months versus the Euro ahead of data, which may show Japan's consumer prices decline, fanning speculation Shinzo Abe will push the BPJ to boost cash injections. The Yen fetched 113.65 per Euro, the lowest since August 4, 2011, before being at 113.60, down 0.3% from yesterdays close. It dropped 0.3% to 85.84 per U.S. Dollar, after falling to 85.87, the weakest since September 2010. 

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