Washington, D.C., United States (AHN) – The U.S. dollar reached a 15-year record low value in currency trading against the Japanese yen on Thursday.

Currency traders acted ahead of an anticipated monetary easing move by the U.S. Federal Reserve. That left the dollar valued as low as 81.11 yen at one point, down from 81.79 yen on Wednesday. The post World War II low was 79.75 yen.

The euro traded at $1.4122, its highest value since January.

Travelers to any European nation that uses the euro, or to Japan, will find their trip more costly as a result of the decline in the value of the dollar against those currencies.

Japan’s bankers are upset over the rising yen, which makes that nation’s exports more costly.

The Federal Reserve hinted earlier this month that it would buy up bonds and other assets to bolster the U.S. economy. However, the unintended consequence of the Fed announcing it would put more money into circulation was to cause a drop in the value of the dollar.

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