The yen weakened for a second day against the dollar after the lower house of parliament endorsed Haruhiko Kuroda, an advocate of increased stimulus, as the next central bank governor.
Japanâ€™s currency declined against 13 of its 16 major counterparts as Kurodaâ€™s approval cleared the first hurdle in Prime Minister Shinzo Abeâ€™s plan to install a central bank leadership in favor of more monetary easing. The Australian dollar strengthened to a one-month high versus the U.S. currency after a report showed payrolls rose the most in almost 13 years, spurring traders to cut bets on interest-rate cuts.
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