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Yen drops vs dollar; U.S. jobs data awaited

From reuters.com

* Euro slips to 3-week low vs dollar after Fed minutes. * Euro/yen poised to close below 200-week moving average. The dollar rose to its highest level against the yen in nearly 2 1/2 years on Friday, while the euro also firmed against the yen on expectations that this year will bring more monetary stimulus by the Bank of Japan. But the euro slipped against the greenback, touching a new three-week low after minutes from the U.S. Federal Reserve's last meeting indicated that while the Fed looks set to continue buying bonds, some policymakers are reticent about further increasing its $2.9 trillion balance sheet. The ... (full story)

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