BLOOMBERG. Bank of Japan

The yen was trading at 118.12 to the dollar at 5:09 a.m. ET, following the Bank of Japan's first meeting since Donald Trump's U.S. election victory, after the bank upgraded its assessment of the economy while keeping its policy stance unchanged. The Japanese currency has weakened by more than 10 percent against the greenback since Nov. 8, a move that should help lift inflation in the economy. 
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