After a slight weakness in early morning trading, the Japanese currency ticked up against major currencies in New York afternoon deals on Wednesday. The yen surged to a new multi-day high of 99.34 against the US dollar by about 2:15 pm ET, compared to yesterday's close of 100.43. At 2:15 pm ET, the yen was worth 131.63 against the euro, 145.84 versus the pound and 86.54 versus the Swiss franc.

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