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US$ dips vs yen following Kuroda's comments

Published Mon, Sep 5, 2016 · 09:50 PM

London

THE US dollar fell against the yen on Monday, after the head of the Bank of Japan (BOJ) disappointed those investors who had expected a clear signal that monetary policy would be eased further this month.

The greenback hit a five-week high on Friday as markets bet that the US Federal Reserve was still likely to raise interest rates in the coming months, despite disappointing US jobs numbers.