Yen at 16-Month Low Versus Euro; Metals Gain, German Bunds Fall

The Japanese yen weakened to a 16- month low against the euro on speculation the government will step up stimulus to support growth. Metals advanced before U.S. lawmakers meet for budget talks and German government bonds fell as prepares to sell debt. Italy The yen fell 0.3 percent to 113.62 per euro as of 8:23 a.

Posted: 2012-12-27 09:43:00

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