Yen dips as Yoshihiko Noda proposes snap elections

Japan’s yen has fallen the most in two months after Prime Minister Yoshihiko Noda said he was set to dissolve parliament and hold a snap election. It was down 1% at 80.25 against the US dollar, and 1.4% less against the euro. There is no guarantee the government would win an election, and the …

Read more here:
Yen dips as Yoshihiko Noda proposes snap elections