Pages

Thursday, May 28, 2015

Greenback Hits Multiyear High Versus The Yen

The U.S. dollar hit a multiyear high against the yen on Thursday as Federal Reserve rate hike expectations continue to fuel investors’ bets on when U.S. interest rates will rise. Meanwhile, versus the euro, the greenback slipped on tentative hopes of a rescue package being agreed upon for cash-strapped Greece.


READ THE ORIGINAL POST AT www.forbes.com