Yen weakens ahead of BOJ policy meeting today

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Source: Bloomberg
The Japanese Yen weakened to the lowest level versus the Euro since August 2011 on speculation the nation's central bank will extend policy easing at a meeting, which starts today. The Yen touched 111.71 per Euro, the lowest level since August 30, 2011, before fetching 111.65 at 1:24 p.m. Tokyo time, 0.2% below the close yesterday. It declined 0.1% to 84.27 per U.S. Dollar, after trading at 84.48 on December 7, the weakest since April 12, 2011.
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Wed, 19 Dec 2012 07:27:16 GMT

Aussie weakens on concern Australia's economy slows

The Australian Dollar fell for a third straight day versus the U.S. Dollar amid concern the South Pacific country's economy is slowing. The Aussie weakened as much as 0.2% to $1.0515 at 4:11 p.m. Sydney time, having declining 0.3% in the previous 2 days. The currency lost 0.1% to 88.62 yen. The New Zealand Dollar slid 0.3% to 83.94 U.S.

Tue, 18 Dec 2012 17:47:16 GMT

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