Mon, 13 May 2013 08:38:16 GMT
Yen slips through 102 after G7
The Japanese Yen was traded lower by 0.3% at 101.96 per U.S. in the second half of Tokyo session on Monday. Today the currency touched a 102.15 level, which was the weakest since October 2008. Investors were willing to sell the Yen, as Group of Seven officials indicated that they will tolerate the weak Yen, as they are more focused on