Higher US yields support dollar; yen slips after BoJ meeting | Malay Mail

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LONDON, Jan 18 — A jump in US Treasury yields pushed the dollar index to a six-day high today, while Japan’s yen fell after the Bank of Japan said it would stick to its ultra-loose monetary policy. The US Federal Reserve meets next week. It is expected to raise rates in March, for the first...

LONDON, Jan 18 — A jump in US Treasury yields pushed the dollar index to a six-day high today, while Japan’s yen fell after the Bank of Japan said it would stick to its ultra-loose monetary policy.

At 0838 GMT, the dollar was up 0.1 per cent against the yen at 114.72, with the pair having reached as high as 115.06 overnight. The Australian dollar fell, down 0.3 per cent on the day at US$0.7193. The New Zealand dollar was also down 0.3 per cent.

 

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