Dollar hits two-week peak to yen amid U.S. yield rise

Dollar hits two-week peak to yen amid U.S. yield rise

The dollar rose to a two-week high versus the yen on Wednesday, lifted by higher Treasury yields as global inflation worries flared anew. The dollar index, which measures the currency against six major peers, including Japan’s, rose 0.19% to 101.94, extending a 0.38% rally from Tuesday, when data showed euro-area consumer inflation soaring to a … Read more