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Yen near fresh lows versus dollar, Asian shares steady

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TOKYO (Reuters) – The yen hovered near fresh lows against the dollar and Tokyo stocks jumped back near a 33-month high on Tuesday after markets took comments from a U. S. official as giving Japan the green light to pursue policies that weaken the yen as long as they help beat deflation. Asian shares were steady, with many regional bourses shut for holidays. Encouraging trade data from China late last week was lending support but non-Japan markets lacked momentum as investors awaited key events such as the U. S. president’s State of the Union address for trading cues. . . .

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