“The yen strengthened the most in eight months against the dollar after the Bank of Japan said it will wait a year to begin open-ended asset purchases aimed at boosting the economy. The euro gained and stocks pared losses after German investor confidence climbed to a 2 1/2-year high.
Japan’s currency climbed 1.2 percent to 88.58 per dollar at 7:25 a.m. in New York. The euro appreciated 0.2 percent to $1.3343 after falling as much as 0.4 percent…”
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