Dollar slides to two-week low as yen hits six-month high
The dollar fell to a two-week low versus a basket of currencies. The yen rose to a six-month high against the U.S. currency, supported by expectations of faster Bank of Japan interest-rate increases and potential domestic investment inflows.
The dollar fell to a two-week low against a basket of currencies as the Japanese yen extended recent gains. S. currency, supported by expectations of faster interest-rate increases by the Bank of Japan and the potential for domestic investment inflows.