Yen advances from 5-year low before Fed's meeting

Source: Bloomberg
The Japanese currency strengthened on Monday rebounding from the lowest level in five years as investors weighed U.S. economic data before a policy meeting of the U.S. Federal Reserve that is forecast to bring a monetary policy tightening. The Yen jumped 0.4% to 102.84 per U.S. Dollar by 6:35 a.m. London time and increased 0.3% to 141.45 a Euro.

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