Yen sets for a weekly decline as elections increase prospects of BOJ easing

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Source: Bloomberg
© Scanpix/Reuters
The Japanese Yen set for the biggest weekly decline in nearly five months amid speculation Japan's opposition party will win elections next month and put pressure on the BOJ to expand monetary policy. Japan's currency traded at 81.12 per U.S. Dollar from 81.17, at the close a day earlier, when the Yen touched 81.46, the lowest level since April 25. The Yen has fallen 2% this week. 
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