September 13, 2012 / 8:06 AM / 5 years ago

Dollar hits 7-month low versus yen

LONDON, Sept 13 (Reuters) - The dollar fell to a fresh seven-month low against the yen on Thursday on speculation the U.S. Federal Reserve could announce further monetary easing later in the session following its two-day policy meeting.

The dollar dropped 0.2 percent on the day to 77.64 yen, its lowest level since Feb. 14. Market players cited an option barrier at 77.50 yen.

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