Dollar gains versus Yen on policy view

Source: Bloomberg
© RS
The Dollar advanced versus the Yen the most in a week during this year, on speculation the Bank of Japan will strengthen its bond-purchase policy while the Fed will continue cutting stimulus. The greenback rose against almost of its 16 major counterparts when the G20 supported the strengthening of monetary management in mature economies. The Dollar gained 0.1% to 102.41 versus the Yen, developing its weekly gain to 0.6%, the largest since December 27.

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