U.S. dollar advances against yen as yuan worries ease

03/10/2013 | Bloomberg Businessweek · Yomiuri Shimbun (Japan) · Reuters

Strong U.S. economic figures last week have helped the dollar advance against the yen, even as Finance Minister Taro Aso assures the U.S. that Japan is not working specifically to undermine its currency. Meanwhile, on another currency front, analysts say that further advances in the yuan as well as rising labor costs in China are helping to shift the U.S. political focus away from charges that China is keeping its currency unnaturally low.

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Bloomberg Businessweek · Yomiuri Shimbun (Japan) · Reuters

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