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The yen has strengthened about 5% in three weeks, driven by bets that the Bank of Japan is nearing an exit from negative interest rates, while expectations for the Federal Reserve point to a potential rate cut. The BOJ's next policy decision is scheduled for Tuesday.
International Business News: The dollar rose on Friday and is set for a third monthly gain after solid U.S. growth figures argued for interest rates to remain high for longer, whi
The greenback continued to strengthen against the yen, after the Japanese currency had a sharp move higher versus the dollar earlier in the week. The dollar was last up 0.25% at 147.84 yen after hitting a 10-month high of 147.96.
Oil prices drop as dollar strengthens and traders take profits, but market could resume rally next week on easing inflation and supply disruptions
Oil benchmark Brent futures breached $80 a barrel for the first time since May on Wednesday.