22-04-2016 23:19 via news.yahoo.com

Yen drops on rate cut talk; oil climbs, stocks steady

By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. dollar rose to a three week high against the yen on Friday, on a report of likely further monetary policy easing from the Bank of Japan, while a rise in crude oil prices was offset by poor technology sector earnings, leaving Wall Street stocks steady. The dollar rose more than 2.0 percent against the yen to 111.80 yen, its highest level since April 1 after a media report said the BOJ is considering expanding its negative rate policy to bank
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