29-04-2016 13:56 via news.yahoo.com

Yen's best week since 2008 crisis hits stocks and dollar

By Jamie McGeever LONDON (Reuters) - The yen hit an 18-month high on Friday as investors wagered the Bank of Japan might be done adding fresh stimulus to the economy, culminating in a sharp rise on the week that dragged stocks around the world lower. With Japan on holiday, speculators drove the yen through 107.00 per dollar for the first time since October 2014. It was around 112.00 before the BOJ unexpectedly held policy steady earlier this week.
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