 The
 yen held a gain versus the dollar from yesterday amid speculation the 
Bank of Japan will refrain from expanding stimulus at a policy meeting 
this week.
The
 yen held a gain versus the dollar from yesterday amid speculation the 
Bank of Japan will refrain from expanding stimulus at a policy meeting 
this week.
A
 gauge of expected price swings in the pair remained near a record low 
before BOJ Governor Haruhiko Kuroda speaks at a press conference 
following the central bank decision on June 13. The Australian dollar 
traded 0.1 percent from a three-week high before a private report on 
consumer confidence today. The kiwi currency held gains against most of 
its 16 major peers amid speculation the Reserve Bank of New Zealand will
 raise interest rates at a third straight meeting tomorrow.
Japan��s
 currency was little changed at 102.31 per dollar as of 8:02 a.m. in 
Tokyo from yesterday, when it gained 0.2 percent. It fetched 138.59 per 
euro from 138.66, after advancing 0.9 percent over the past three 
sessions. The 18-nation currency was unchanged at $1.3547, after 
dropping to $1.3503 on June 5, the lowest since Feb. 6.
The
 Australian dollar was little changed at 93.72 U.S. cents from 
yesterday, when it touched 93.84, the highest since May 15. New 
Zealand��s currency bought 85.27 U.S. cents after strengthening 0.4 
percent yesterday to 85.26.
The
 BOJ has been buying about 7 trillion yen ($68.4 billion) of government 
bonds a month since April 2013 in stimulus that tends to weaken the yen.
 All 33 economists surveyed by Bloomberg News forecast the central bank 
will keep policy unchanged at the June 12-13 meeting.
Source : Bloomberg

 
 
 
 










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