Dollar Weaker Against Yen

With the G20 nations meeting in South Korea over the weekend agreeing to avoid a currency war, the US dollar fell to a 15-year low against the yen. The dollar fell another 1 percent to 80.52 yen in trading Monday morning in Europe. Speculation also increased that the US will engage in another round of quantitative easing that has investors fearing a further decline in the dollar.

Source: BBC News

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