Dollar rises to fresh 6-1/2 month high vs yen

LONDON Thu Nov 15, 2012 5:07am EST

Related Topics

LONDON Nov 15 (Reuters) - The dollar hit a fresh 6-1/2 month high against the yen on Thursday after the leader of Japan's opposition party, expected to be the country's next leader, stepped up calls for aggressive monetary easing.

The dollar rose 0.9 percent on the day to 80.99 yen, its highest level since April 30. Traders reported stop loss buy orders around 81.05 yen that could spur further dollar gains.

The euro rose more than 1 percent on the day to 103.30 yen.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.