Yen Withers as Year End Approaches

[BECKHAM]

The Japanese Yen continued to wither in strength, dropping to a fresh 5-year trough versus the U.S. Dollar during Monday’s Asian trading session, with total losses for the year now reaching more than 17%, suggesting that the combined efforts of the Japanese government’s monetary and fiscal policies have been successful at least in terms of the Yen’s depreciation.

FOR MORE ... (http://www.dailyforex.com/forex-news/2013/12/Yen-Withers-as-Year-End-Approaches/27308)