The yen touched the weakest level in almost three years against the dollar after the Bank of Japan governor said he will step down early, accelerating a transition that may aid the prime minister’s plan for aggressive easing.
The dollar fell against the majority of its 16 most-traded peers as voters headed to the polls to decide whether President Barack Obama or challenger Mitt Romney will guide the world’s biggest economy for the next four years.
The euro climbed for a second day against the dollar and the yen amid speculation Spain is moving closer to requesting a sovereign bailout and unlocking European Central Bank debt purchases.
The euro advanced from a three-week low against the dollar amid optimism that Spain’s latest budget and banking measures are moving the euro region closer to containing its debt crisis.
