The
yen fell to the lowest in a week against the euro as gains in Asian
stocks and speculation policy makers globally will add to measures
supporting growth damped demand for haven assets.
Japan
currency dropped versus all except two of its 16 major counterparts
before Bank of Japan Governor Haruhiko Kuroda speaks at a conference
tomorrow. The Australian and New Zealand dollars climbed, paring
declines this month. The euro was set for its biggest monthly drop since
January after European Central Bank President Mario Draghi signaled
yesterday policy makers are ready to expand stimulus should inflation
slow. The dollar remained lower versus most peers before data today
forecast to show durable goods orders fell.
The
yen lost 0.1 percent to 139.30 per euro at 11:17 a.m. in Tokyo from
yesterday, after touching 139.37, the weakest level since May 16. It was
unchanged at 101.94 per dollar in New York, when it touched 102.05, the
weakest since May 15. The euro gained 0.1 percent to $1.3665 after
falling to as low as $1.3615 yesterday, a level unseen since Feb. 13.
Australia��s dollar rose 0.2 percent to 92.56 U.S. cents. New Zealand��s currency gained 0.2 percent to 85.69 U.S. cents.
The MSCI Asia Pacific Index of shares climbed 0.2 percent.
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