MW: Asian markets mostly down as commodity stocks drop
By Polya Lesova
NEW YORK (MarketWatch) -- The U.S. dollar accelerated its gains against the Japanese yen on Thursday to trade up 1.2% to 94.66 yen. Earlier in the session, the dollar traded at 94.35 yen, up from 93.54 yen late Wednesday. "There were reports of some yen short positioning ahead of tomorrow's large investment trust launches, which are expected to favor the Aussie and other higher yielding currencies," said analysts at Action Economics.
