Tag Archives: Dollar pushes towards fresh 24-year peak versus yen after US CPI shock

The dollar climbed close to a 24-year peak against the yen on Wednesday amid a jump in United States yields after hotter-than-expected inflation boosted bets for even more aggressive monetary tightening by the Federal Reserve next week. The dollar rose as high as 144.965 yen in the Asian session, taking it close to the high of 144.99 hit a week …

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