Dollar slips to lowest vs yen since mid-September

By Kitco News / January 14, 2018 / www.kitco.com / Article Link

TOKYO, Jan 15 (Reuters) - The dollar slipped to its lowest levels since mid-September against the yen on Monday, following comments from Japan's central bank governor on Japan's economic recovery.

While Bank of Japan Governor Haruhiko Kuroda on Monday reiterated the central bank's resolve to maintain its massive stimulus programme until 2 percent inflation is achieved stably, he also said that the country's economy was expected to continue moderately expanding. The dollar was 0.1 percent lower at 110.90 , after earlier falling as low as 110.82 soon after Kuroda's remarks.


(Reporting by Tokyo markets team; Editing by Richard Borsuk)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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