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HISTORICAL DETAILS
% Change
1 Wk -1.39%
1 Month -2.92%
3 Months -4.97%
6 Months -5.07%
1 Year -10.72%
52 WEEK
High 88.12
Low 76.25
BLOOMBERG MEDIAN FORECASTS
Q2 2011 83.00
Q3 2011 83.00
Q4 2011 85.00
Q1 2012 86.50
DAILY DETAIL
The US dollar fell to a four-month low against the Japanese yen to 77.91 as Japanese investors repatriated funds, after US president Barack Obama warned of dire global economic consequences if the impasse between US lawmakers on raising the debt ceiling continued. The lack of progress increased market fears of a US government debt downgrade, prompting investors to buy into the perceived safe-haven currencies. Japanese officials, however, are becoming increasingly worried that further appreciation of the yen will harm their export-reliant economy. The Japanese authorities may have to intervene if the US dollar continues to weaken against the yen. Jana Pristovsek, London
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