Yen and Dollar drop as U.S. House launches bill to prevent fiscal cliff

Note: This section contains information in English only.
Source: Bloomberg
The Yen and greenback debased versus most peers after U.S. policymakers introduced legislation to prevent "fiscal cliff" of tax increases and automatic spending cuts, decreasing demand for refuge assets. The Yen fell to 87.27 per greenback, the weakest since July 2010, and it dropped to 115.82 per Euro, the lowest since July 2011, while the greenback stood at $1.3272 versus the shared currency.

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