Yen falls on speculation BOJ will ease policy

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Source: Bloomberg
Japan's currency declined versus the U.S. Dollar amid speculation the BOJ will expand monetary stimulus further to boost economic growth in the world's third-largest economy. The Japanese Yen lost 0.1% to 91.90 per greenback at 1:45 p.m. in Tokyo after touching 90.88 yesterday, the highest level since January 31. The Yen traded at 119.88 per Euro, after sliding 1.2%.
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Tue, 26 Feb 2013 07:29:04 GMT

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South Korea's Won declined for a second straight day as Italy's election results boosted concerns the Eurozone debt crisis is deepening. The Won fell 0.1% to 1,087.73 per U.S. Dollar at 10:17 a.m. in Seoul. One-month implied volatility increased 11 basis points to 7.47%. Government bonds climbed, pushing 3-year yield to a record low.

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