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Asia Currencies Strengthen as Japan’s Yen Extends Surge

SINGAPORE—The Japanese yen strike a uninformed 18-month high opposite a U.S. dollar Friday, triggering startle waves in Asian banking markets as a Chinese yuan was bound some-more than half a percent higher, a biggest daily boost in some-more than a decade.

The yen gained serve in Asia trading, violation a pivotal ¥107 turn as a banking builds on Thursday’s 3.3% arise after a Bank of Japan unhappy investors by gripping financial policy…

Article source: http://www.wsj.com/articles/asia-currencies-strengthen-as-japans-yen-extends-surge-1461906706

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