Yen eyes 2016 highs after BOJ's inaction, stocks soured by Apple
By Wayne Cole SYDNEY (Reuters) - The yen held onto hefty gains on Friday after the Bank of Japan surprised markets by declining to adopt fresh stimulus, while an Apple-inspired slide on Wall Street soured sentiment in stock markets. The absence of Tokyo for a holiday was a welcome relief to many given the pandemonium caused by Thursday's BoJ decision. The yen surged almost 3 percent against the dollar, the euro and sterling in reaction to the BoJ's inaction.
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