Yen gains versus major peers on speculation of stimulus failure

Note: This section contains information in English only.
Source: Bloomberg
The Japanese currency appreciated against most of its major counterparts on Wednesday on speculations that the Bank of Japan's inflation target of 2% may not be achieved using the bank's monetary stimulus program. The Yen advanced by 0.5% to 93.02 per U.S. dollar earlier on Wednesday New York session after dropping 0.2% yesterday, while it was traded at 119.54 per Euro.

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