Dollar rises to 2-month high versus yen
LONDON, Nov 14 (Reuters) - The dollar rose to a two-month high against the yen on Thursday, with the yen knocked by higher equities and earlier comments by Japanese Finance Minister Taro Aso (Taiwan OTC: 8443.TWO - news) that it was important to have currency intervention as a policy option.
Traders also said dollar/yen was lifted as sterling/yen broke through reported stop loss buy orders at 160 yen to hit a four-year high.
The dollar rose 0.5 percent on the day to hit 99.815 yen, its highest since mid-September. It was expected to face resistance at 100 yen.