Yen hits 24-year low, 140 level beckons as hike bets buoy dollar
SINGAPORE/TOKYO: The dollar rose broadly on Thursday, particularly against the yen, as investors braced for higher U.S. interest rates while expecting anchored Japanese rates to go nowhere anytime soon. The greenback hit a 24-year high of 139.59 against the yen in early Asia trade, a gain of about 0.5% on the previous day’s close. Expectations … Read more