Somrat4030
Member
The dollar rose to its highest in nearly three years versus the yen on Monday as investors remained confident the U.S. Federal Reserve can announce a tapering of its massive bond-buying next month despite softer U.S. payrolls figures.
On the other hand, the Japanese currency was also hurt by a slight tilt towards riskier currencies as sterling and the Australian dollar both gained slightly on the greenback, leaving the dollar's index a touch lower at 94.137, but not far from a one-year high of 94.504 touched earlier this month.
On the other hand, the Japanese currency was also hurt by a slight tilt towards riskier currencies as sterling and the Australian dollar both gained slightly on the greenback, leaving the dollar's index a touch lower at 94.137, but not far from a one-year high of 94.504 touched earlier this month.
