Yen poised for biggest yearly drop vs dollar since 2005

* Yen gets bit of a respite after last week’s drop. * But yen down nearly 12 pct vs dollar in 2012. * Dollar/yen backs off from highest since Aug 2010. * Near-term focus on U.S. fiscal cliff negotiations. The yen held above a two-year low versus the dollar on Monday but remained on track…

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Yen poised for biggest yearly drop vs dollar since 2005

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