US$ gains against yen, euro, pound

London

THE US dollar gained ground against the yen, euro and pound on Wednesday, as expectations of a pro-growth message from US President-elect Donald Trump's first news conference prevailed over worries about what he will say on trade and China.

The dollar has gained broadly since Mr Trump's victory in November as investors bet he would boost public spending and spur repatriation of overseas funds by US companies, policies expected to bring higher inflation and interest rates.