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No respite for Japan as yen soars to 18-month high

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The yen jumped to an 18-month high against a weak US dollar on Tuesday, extending gains that have undermined Japanese officials' attempts to reflate the developed world's most stagnant economy.

London

THE yen jumped to an 18-month high against a weak US dollar on Tuesday, extending gains that have undermined Japanese officials' attempts to reflate the developed world's most stagnant economy. The yen also rose sharply against the Australian dollar, up 1.7 per cent after the