TOKYO -- The Japanese currency gained more than 5 yen against the dollar in a day after Bank of Japan Gov. Kazuo Ueda made comments Thursday seen as laying the groundwork for an exit from the bank's negative interest rate policy.
The yen surged in New York trading to briefly touch the 141 level around 12:47 p.m. Thursday local time -- 1.50 yen stronger than the 143 level immediately before. The Japanese currency fell soon after and was trading at the 143 level at 2 p.m.
