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Dollar hits four-month high against yen as yields jump on inflation bets | Money

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 Subscribe to our Telegram channel for the latest updates on news you need to know. 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.

Dollar hits 5-month high against yen as inflation talk boost U S yields

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…

Dollar hits five-month highs vs yen as U S yields rise

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.

FOREX-Dollar hits five-month highs vs yen as U S yields climb on inflation talk

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.

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