Yen's fall runs out of steam, earnings lift stocks

Posted by Forexsq 961 days ago (
img A selloff in the yen paused on Tuesday as it neared 100 to the dollar, while a firm start to the U.S. corporate earnings season and a fall in Chinese inflation lifted share markets.

The Japanese currency hit 99.67 to the dollar in Asian trading, the greenback's strongest level versus the yen since May 2009, before the selloff ran out of steam. The euro stopped at a peak last seen in January 2010 of 129.94 yen.


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