(Bloomberg) -- The yen headed for an eighth weekly loss against the euro, the worst run since January 2002, after Japan's consumer prices dropped for a second month in March and retail spending and industrial production declined.
Japan's currency traded near a record low against the euro before a Bank of Japan semiannual outlook report that may show inflation and growth predictions don't support the case for the central bank to raise borrowing costs from 0.5 percent, the lowest in the industrialized world.
Read more at Bloomberg Currencies News
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