Initially falling against the yen after the BoJ didn't come through with additional easing...

|By:, SA News Editor

Initially falling against the yen after the BoJ didn't come through with additional easing measures last night, the dollar is back on the rise, hitting a new 11-month high of ¥82.68. Deutsche Bank notes the full effect of last year's earthquake - a "huge negative terms of trade shock" - is only now being felt, and likely to keep a firm bid under dollar/yen.