You are here

CURRENCIES

Dollar scales 6-year peak versus yen; euro's woes deepen

BT_20141002_FOREX29_1297205.jpg
At a low: The euro languished near a fresh two-year trough, having come under pressure after data showed eurozone annual inflation cooled to 0.3 per cent in September.

[LONDON] The dollar rose above 110 yen for the first time in six years and held near a two-year peak against the euro on Wednesday as investors added to bets that US economic data will lead the Federal Reserve to tighten monetary policy.

Commodity currencies such as the Australian and New