Author: Namit.Suri

The Japanese yen rose as much as 0.8% to a session high of 131.36 per dollar in Asian trade, following a Yomiuri report that the BOJ will review the side effects of its monetary easing at next week’s policy meeting and may take additional steps to correct distortions in the yield curve. The yen was last bought at 131.70 per dollar. Current Market Situation As per the reports the Yen jumps to 0.8% to 131.385 per dollar. We can see that Yen has been to steady run against the U.S. dollar in recent months. This is due to various factors…