The yen appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the Â¥98.95 level and was capped around the Â¥100.40 level. The yen was stronger across the board as traders reduced their risk appetites overnight despite a decent earnings report from Goldman Sachs. Traders are still slow to add riskier asset plays to their portfolio following yesterday€™s strong indication the Obama administration is likely pushing General Motors to file for bankruptcy. Rumours that Delphi may be forced to liquidate led to more yen demand. The Nikkei 225 stock index lost 0.92% to close at Â¥8,842.68. U.S. dollar offers are cited around the Â¥104.15 level. The euro moved lower vis-à-vis the yen as the single currency tested bids around the Â¥131.25 level and was capped around the Â¥134.30 level. The British pound moved lower vis-à-vis the yen as sterling tested bids around the Â¥147.25 level while the Swiss franc moved lower vis-à-vis the yen and tested bids around the Â¥86.70 level. The Chinese yuan depreciated vis-à-vis the U.S. dollar today as the greenback closed at CNY 6.8320 in the over-the-counter market, up from CNY 6.8318.