Comments for: Yen on defensive on US fiscal worry, helps Nikkei

Posted Dec. 25, 2012, at 7:46 p.m.

TOKYO — Uncertainty over whether U.S. lawmakers will strike a deal by an end-of-year deadline to avert a severe fiscal retrenchment undermined the yen and bolstered Japanese shares on Tuesday in low volume, with many participants away on Christmas holiday. The dollar rose to a 20-month high of 84.965 yen …

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