Article: Japan : Yen Strengthens as Bank of Japan Says It Will End Emergency Bond Buying.

Byline: babalu03

The yen rose, set for its first weekly gain in three, after the Bank of Japan said it will stop buying corporate debt at the end of the year, as central banks around the world phase out emergency stimulus spending.

The yen advanced most against the New Zealand and Canadian dollars as investors sold higher-yielding currencies and traders said Japanese exporters purchased the currency following its recent slide. The dollar headed for a fourth monthly loss against the euro, the longest stretch of declines since 2004.

There s been a degree of yen buying after the BOJ s decision to end some of its support measures, said Lee Hardman, ...

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