Dollar Set for Best Week in Two Months as Yen Nears 160
The dollar held near 19-month highs and was set for its biggest weekly rise in two months. U.S. yields rose as bets on a larger rate hike increased, while the yen hovered around 160, prompting Tokyo to warn it would respond to excessive moves.
By Javi West LarrañagaThe dollar held near 19-month highs on Friday and was set for its biggest weekly rise in two months as bets on a larger rate hike pushed up US yields and the yen hovered around the 160 mark, prompting Tokyo to warn it would respond to excessive moves.Treasury yields rose after…