Yen advances after Chinese factory output declines

Source: Bloomberg
© Scanpix/Agence France-Presse
The Japanese currency appreciated the most in last two weeks versus the greenback as investors speculated on safety of the Japanese Yen after China's factory output fell this month. The Yen added 0.4% to 101.88 per Dollar as of 9:47 a.m. London time, the biggest climb since February 3. Japan's Yen rose 0.7% to 139.57 per Euro after sliding to 131.03 on February 18.

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