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Yen rallies on hints of BOJ policy shift

FOREX-Yen rallies on hints of BOJ policy shift By Rae Wee SINGAPORE, Dec 8 (Reuters) - The yen extended its towering rally on Friday and marched toward its best week against the dollar in nearly five months, as traders ramped up expectations that the end of Japan's ultra-low interest rates was closing in. The broad strength from the yen kept a lid on the dollar, which stayed on the defensive ahead of the closely-watched U.S.
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Asia Morning Call-Global Markets

UPDATE 1-Asia Morning Call-Global Markets Dec 8 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,173.30 -5.10 NZX 50** 11,496.61 33.12 DJIA** 36,117.29 62.86 NIKKEI** 32,858.31 -587.59 Nasdaq** 14,323.55 176.83 FTSE** 7,513.72 -1.66 S&P 500** 4,583.53 34.19 Hang Seng** 16,345.89 -117.37 SPI 200 Fut 7,171 -14.00 STI** 3,074.26 -12.98 SSEC** 2,966.2061 -2.73 KOSPI** 2,492.07 -3.31 ---------------------------------------------------------------------------------------- Bond
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Yen surges after BOJ hints at policy shift, sending dollar lower

FOREX-Yen surges after BOJ hints at policy shift, sending dollar lower Updated at 2002 GMT By Hannah Lang WASHINGTON, Dec 7 (Reuters) - The yen staged its biggest one-day rally in almost a year on Thursday after Japanese monetary authorities offered a surprisingly clear hint at a shift in policy, while the euro p ared some losses from earlier in the week.
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US recap: BOJ speculation puts yen on top, EUR/USD rides slowly along

BUZZ-COMMENT-US recap: BOJ speculation puts yen on top, EUR/USD rides slowly along Dec 7 (Reuters) - The yen surged more than 2% higher against the dollar, euro and sterling after comments from BOJ Governor Kazuo Ueda ignited speculation about tighter Japanese monetary policy, dislodging hefty short yen trades amid ongoing discounting of ECB, Fed and BoE rate cuts next year.
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Asia Morning Call-Global Markets

Asia Morning Call-Global Markets Dec 8 (Reuters) - Stock Markets Net Chng Stock Markets Net Chng S&P/ASX 200** 7,173.30 -5.10 NZX 50** 11,496.61 33.1200 DJIA 36,143.72 89.29 NIKKEI** 32,858.31 -587.59 Nasdaq 14,335.713 189.00 FTSE** 7,513.72 -1.66 S&P 500 4,585.87 36.53 Hang Seng** 16,345.89 -117.37 SPI 200 Fut 7,167.00 -18.00 STI** 3,074.26 -12.98 SSEC** 2,966.21 -2.73 KOSPI** 2,492.07 -3.31 ---------------------------------------------------------------------------------------- Bonds Bonds JP
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