(Bloomberg) -- The dollar gained against the yen
after a government report showed a measure of prices paid to
U.S. producers rose more than analysts forecast.
Traders bought dollars as signs of quicker inflation
bolstered speculation the Federal Reserve will refrain from
lowering its benchmark lending rate this year.
Read more at Bloomberg Currencies News
after a government report showed a measure of prices paid to
U.S. producers rose more than analysts forecast.
Traders bought dollars as signs of quicker inflation
bolstered speculation the Federal Reserve will refrain from
lowering its benchmark lending rate this year.
Read more at Bloomberg Currencies News
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