Following yesterday’s speech to the IMF Conference in Atlanta whereat Ben Bernanke, Chairman of the U.S. Federal Reserve Bank told the crowd that no further stimulus would be forthcoming after the cessation of the current bond purchase program, the U.S. Dollar slipped against the Japanese Yen. In Tokyo trading, as reported at 1:49 p.m. (JST), the greenback slipped against the Japanese Yen, falling 0.2% to 79.95 Yen. A general decline in Asian equity prices also helped to bolsters’ trader risk aversion.
