Dollar weakens against yen as BoJ stands pat, FOMC minutes eyed

April 8, 2015 2:16 PM

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Dollar weakens against yen as BoJ stands pat, FOMC minutes eyed

LONDON (Reuters) - The dollar fell on Wednesday, retreating from a near three-week high hit against the yen the previous day, after the Bank of Japan kept monetary policy unchanged despite slowing inflation.

Some had begun to expect further easing in view of the fact that the BOJ has missed its ambitious target of achieving 2 percent inflation in two years.

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