On Friday the dollar has shown a fall to a 7-1/2-month low beneath the key 90-yen level after the G20 pledged to continue emergency stimulus spending until a recovery takes hold, suggesting U.S. interest rates would remain very low.
Dollar fell below 85 yen
Today an influential former Japan finance official told Dow Jones Newswires that unless the dollar fell below 85 yen authorities were not likely to try halting yen gains, after that the yen also got a boost.
