Dollar hits 15-year low vs yen

LONDON, Oct 25 (BestGrowthStock) – The dollar fell to a 15-year low
versus the yen on Monday, extending losses after investors took
a Group of 20 statement as a cue to continue dumping the U.S.
currency.

The dollar (JPY=: ) fell roughly 1 percent on the day to 80.59
yen according to EBS data, its lowest since mid-1995. Traders
said selling by hedge funds helped to trigger stop-loss orders
under 80.65 yen.

Traders also suspected option triggers around 80.50 yen.

(Reporting by Naomi Tajitsu)

Dollar hits 15-year low vs yen