The yen fell for a second day against the dollar after the country’s lower house of parliament endorsed Haruhiko Kuroda as the next central bank governor. The Japanese currency approached a 4 1/2-year low versus the greenback and declined against the euro on speculation the upper house will also approve Kuroda, who advocates increasing monetary stimulus. Australia’s dollar strengthened to a one- month high versus the U.S. currency after a government report showed payrolls rose the most in almost 13 years, prompting traders to cut bets the central bank will lower interest rates. The yen weakened 0.3 percent to 96.46 per dollar as of 8:54 a.m. in London after strengthening as much as 0.4 percent. Japan’s currency also dropped 0.3 percent to 124.99 per euro. The dollar was little changed at $1.2960 per euro. Japanese lawmakers in the lower chamber, which is dominated by the ruling coalition, today also approved Kikuo Iwata and Hiroshi Nakaso for two deputy governor posts. The upper house is scheduled to vote tomorrow. Australia’s dollar rose 0.5 percent to $1.0349 after climbing to $1.0383, the strongest since Feb. 6. The number of people employed in February jumped 71,500, the biggest monthly increase since July 2000. To contact the reporters on this story: Anchalee Worrachate in London at aworrachate@bloomberg.net; Masaki Kondo in Singapore at mkondo3@bloomberg.net To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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