Dollar hits 15-month high vs yen as U.S. payrolls test looms


TOKYO: The dollar hit a fresh 15-month high versus the yen and hovered near multi-month peaks against other major peers on Thursday, ahead of a key U.S. jobs report that could offer clues on when the Federal Reserve will start to pare back stimulus.

The U.S. currency rose as high as 111.165 yen for the first time since March 26, 2020, before trading essentially flat compared to Wednesday at 111.095.

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US dollar , Yen , FOMC , Federal Reserve

   

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