Markets

Dollar falls to 7- week low vs yen, European debt in focus

Published April 16, 2012 Updated April 16, 2012 05:42am

TOKYO: The yen rose broadly on Monday, hitting a 7-week high against the US dollar at 80.44, as investors piled back into safer assets on resurfacing worries over the euro zone debt crisis.

The yen rose 0.5 percent on the day, with stop-loss orders triggered around support at 80.50 yen.

Copyright Reuters, 2012