Yen strengthens versus dollar as Middle East tensions lift oil
Japanese yen pushed to seven-month highs, keeping the dollar defensive. Traders weighed oil breaking above $100 per barrel amid a widening Middle East war.
The Japanese yen rose to seven-month highs on Wednesday, leaving the dollar under pressure as traders reacted to oil prices breaking above $100 per barrel amid a widening war in the Middle East. Iranian-backed Houthis in Yemen launched strikes on…