Dollar Rises to One-month High Against Yen

The US dollar has reached a one-month high against the yen with speculation that this week’s employment news will show US firms added jobs and that the news will allow further cutting of stimulus measures by the Federal Reserve.

The US dollar has reached a one month high against the yen with speculation that this week’s employment news will show US firms added jobs and that the news will allow further cutting of stimulus measures by the Federal Reserve. The Fed will release its Beige Book report on its 12 regions today. The euro was largely static ahead of the ECB meeting tomorrow, while the Australian dollar rose slightly on better economic growth.  Read the full story.

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