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By Masayuki Kitano SINGAPORE (Reuters) - The yen edged higher on Monday after Japan`s economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data. European shares were seen rising at the open on Monday. Financial spreadbetter IG expected Britain`s FTSE 100 to open 0.3 percent higher, Germany`s DAX to open 0.7 percent higher, and France`s CAC 40 to gain 0.5 percent. The dollar fell to as low as 102.00 yen earlier on Monday, pulling away from Friday`s high of 103. ...
Monday, May 20, 2013 07:18 |
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By Masayuki Kitano SINGAPORE (Reuters) - The yen edged higher on Monday after Japan`s economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data. The dollar fell to as low as 102.00 yen earlier on Monday, pulling away from Friday`s high of 103.32 yen, the greenback`s highest level versus the yen since October 2008. The dollar later pared some of its losses, and last stood at 102.69 yen, down 0.5 percent on the day. ...
Monday, May 20, 2013 05:34 |
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