Greenback rises versus Yen as Fed may scale back

Note: This section contains information in English only.
Source: Reuters
The U.S. currency held firm against the Japanese Yen on Tuesday and it is approaching a possible resistance level at 104.92 yen after the U.S. Federal Reserve signaled that it may cut its bond-purchasing program further on a policy meeting next week. The so-called Greenback added 0.5% to 104.65 yen and traded close to its one-week high reached on January 16.

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