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Dollar rises to fresh 6-1/2 month high vs yen
November 15, 2012 / 10:11 AM / in 5 years

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

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.

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