MW: Yen temporarily rises after earthquake in Japan
By William L. Watts
FRANKFURT (MarketWatch) -- The Japanese yen strengthened briefly Friday after a 7.3 magnitude earthquake struck off the northeast coast of Japan, triggering a 1-meter tsunami warning. The dollar USDJPY -0.0297% dipped as low as 82.14 yen in the immediate wake of the temblor, but soon rebounded to trade at 82.33 yen in recent action, little changed from the level seen before the quake.
