U.S. Dollar Strengthen to 5-Year High Versus Yen

Note: This section contains information in English only.
Source: Bloomberg

The greenback climbed for the second day versus the Yen, before the Fed releases minutes of the meeting in December specifying the intensity of stimulus reduction. The Dollar strengthened 0.4% to 104.98 against the Yen in London at 8:23 a.m. after hitting 105.44 on January 2, the five-year high. After the last meeting in December, the Fed decided to reduce its unprecedented monetary stimulus from $85 billion a month to $75 billion.

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