Selling in the yen picks up steam, the currency hitting a 7-month low vs. the dollar as a...

|By:, SA News Editor

Selling in the yen picks up steam, the currency hitting a 7-month low vs. the dollar as a wider-than-expected trade deficit - led by sorry export numbers - is likely to add fuel to the (possibly) incoming government's call to remove the BOJ's independence. The dollar +0.8% vs the yen, and buying ¥82.34. The Nikkei doesn't complain, +0.9%.

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