NEW YORK, Nov 13 (Reuters) - The dollar extended losses against the yen on Friday, falling 1 percent to a session low.
Expectations that the Federal Reserve will keep interest rates on hold well into 2010 has encouraged investors to sell dollars, a trade that regained momentum again on Friday.
The dollar was last at 89.48 yen JPY=, a session low. It was also broadly lower against other major currencies, including the euro and higher-yielding, commodity sensitive currencies such as the Australian dollar.
