Yen Rallies Most Since 2011 as Volatility Rises Highest in Year

The yen rallied the most in two years against the dollar amid mounting speculation about the Federal Reserve reducing stimulus, spurring a gauge of volatility to the highest level since June 2012. JPMorgan Chase & Co.’s Group of Seven Volatility Index, based on currency option premiums, rose as t…

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Yen Rallies Most Since 2011 as Volatility Rises Highest in Year