Japanese Yen (JPY)

Yen Surges to Six-Week High Amid Inflation Bets, Dollar Slips in Holiday-Thinned Trade

The yen soared to a six-week high on Friday, strengthening as much as 1% to 150 per dollar, fueled by unexpectedly robust inflation data in Tokyo. The surge bolstered market speculation of a potential interest rate hike by the Bank...