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The Japanese yen stopped its two-day acceleration Tuesday despite bets the Bank of Japan is open to introducing more monetary stimulus.
The currency closed at ¥136.17 per euro and ¥120.42 per US dollar.
There is somewhat more scope for the greenback strength versus the yen in case “the BOJ are preparing the market for more QE,” said Emma Lawson, Senior Currency Strategist at National Australia Bank Ltd.
