Wednesday, 17 Feb 2021 09:15 AM MYT
The dollar s index against six other major currencies jumped back to 90.681, from a three-week low of 90.117 hit yesterday. AFP pic
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TOKYO, Feb 17 ― The dollar advanced today, hitting a four-month high against the yen as US bond yields jumped on the prospects of further economic recovery and a possible acceleration in inflation.
Bitcoin held firm, a day after the cryptocurrency hit US$50,000 (RM202,325) for the first time, bringing its total market capitalisation to more than US$900 billion, as traders bet on its further acceptance among major companies.
TOKYO The dollar held the upper hand against low-yielding currencies on Wednesday, hitting a five-month high against the yen as U.S. bond yields jumped on…
The dollar rose on Wednesday as upbeat economic data and signs of strengthening inflation helped the greenback gain ground against a basket of world currencies.
The dollar rose against low-yielding currencies on Wednesday, reaching a five-month high against the yen, as U.S. bond yields jumped on the prospects of further economic recovery and a possible acceleration in inflation.