SINGAPORE, Jan 14 (Reuters) – The yen hit a 2-1/2-year low
versus the dollar on Monday after Japanese Prime Minister Shinzo
Abe stressed the need for forceful monetary stimulus and urged
the Bank of Japan to set a medium-term inflation target.

In comments that came ahead of the BOJ’s policy meeting on
Jan. 21-22, Abe said on Sunday that the BOJ must set a 2 percent
inflation target and make it a medium-term goal rather than a
long-term objective.

SINGAPORE (Reuters) – The dollar edged higher against the yen on Wednesday after its retreat this week from a 2-1/2 year high lured buyers who had been waiting for a chance to buy on dips, with the outlook for more Japanese monetary easing expected to weigh further on the yen.

The dollar was up 0.3 percent at 87.38 yen after having slipped to an intraday low near 86.83 yen, its lowest in nearly a week and a loss of about 1.9 percent from last Friday’s peak of 88.48 yen, which was its highest since July 2010.

SINGAPORE, Jan 8 (Reuters) – The euro sagged against the yen
on Tuesday, but bounced from early lows after Japan said it will
buy bonds issued by the euro zone’s permanent rescue fund.

Both the dollar and the euro came under pressure early on
Tuesday as investors trimmed some of their bearish bets against
the Japanese currency.

SINGAPORE, Jan 7 (Reuters) – The dollar fell against the yen
on Monday as profit-taking emerged in the wake of its rise to a
2-1/2 year high last week -a rally that was driven by
expectations of more forceful monetary easing by the Bank of
Japan.

The dollar shed 0.5 percent to 87.75 yen, pulling
away from Friday’s session high of 88.48 yen on trading platform
EBS, the greenback’s highest level against the Japanese currency
since July 2010.

SINGAPORE, Jan 7 (Reuters) – The dollar slipped against the
yen on Monday but remained near a 2-1/2-year high, as investors
pondered the possible outcome of more monetary stimulus this
year from Japan and less from the U.S. Federal Reserve.

The dollar fell about 0.1 percent to 88.08 yen,
inching away from Friday’s session high of 88.48 yen on trading
platform EBS, the greenback’s highest level against the Japanese
currency since July 2010.

SINGAPORE (Reuters) – The dollar fell against the yen on Monday as profit-taking emerged in the wake of its rise to a 2-1/2 year high last week -a rally that was driven by expectations of more forceful monetary easing by the Bank of Japan.

The dollar shed 0.5 percent to 87.75 yen, pulling away from Friday’s session high of 88.48 yen on trading platform EBS, the greenback’s highest level against the Japanese currency since July 2010.

TOKYO/SINGAPORE, Jan 4 (Reuters) – The dollar rose to its
highest level against the yen in nearly 2 1/2 years on Friday,
while the euro also firmed against the yen on expectations that
this year will bring more monetary stimulus by the Bank of
Japan.

The euro hit a three-week low against the greenback after
minutes from the U.S. Federal Reserve’s last meeting indicated
that while the Fed looks set to continue buying bonds, some
policymakers are reticent about further increasing its $2.9
trillion balance sheet.

SINGAPORE, Jan 3 (Reuters) – The yen edged higher on
Thursday but remained near a 29-month low versus the dollar and
looked fragile, weighed by expectations of more forceful
monetary stimulus by the Bank of Japan.

The dollar slipped 0.1 percent to 87.26 yen. The
dollar rose to as high as 87.36 yen earlier on Thursday on
trading platform EBS, the greenback’s highest level against the
Japanese currency since late July 2010.

SINGAPORE, Jan 3 (Reuters) – The yen edged higher after
hitting a 29-month low versus the dollar on Thursday, having
come under pressure earlier when U.S. lawmakers forged a deal to
avoid a fiscal crunch, fuelling demand for riskier investments.

The dollar slipped 0.1 percent to 87.21 yen. The
dollar rose to as high as 87.36 yen earlier on Thursday on
trading platform EBS, the greenback’s highest level against the
Japanese currency since late July 2010.

SINGAPORE, Jan 2 (Reuters) – The yen fell broadly and
tumbled to an 18-month low versus the euro on Wednesday as U.S.
lawmakers passed a bill to avoid the “fiscal cliff”, bolstering
investors’ appetite for risky assets.

The dollar, a traditional safe haven currency that tends to
rise in times of market stress, also came under pressure and
retreated against the Australian dollar as well as the euro.