US$ extends four-week highs against yen

London

THE US dollar ground higher on Thursday, extending this week's four-week highs against the yen before a jobs report many expect to help seal the case for a rise in US interest rates in December.

Rises in US Treasury yields over the past 10 days have been the main driver of a halt in the yen's steady progress this year, pushing the Japanese currency back from 100 yen per dollar to 103.77 on Thursday.