US Session – Yen falls to 5-1/2 year low versus Aussie
Posted on April 11, 2013 at 7:48 pm GMTThe yen weakened for a second day on Thursday, with the US dollar breaking a new four-year high within two days as investors sold off the Japanese currency in the wake of Bank of Japan stimulus measures. USDJPY got so close to the key 100 yen level and hit 99.93 in the late US session.The pair has rallied 7 percent since the BoJ pledged at its policy meeting last week to inject about $1.4 trillion into the Japanese economy to [..]