Dollar briefly trades at highest level against the yen in more than 30 years amid Thursday’s market volatility
October 13, 2022 at 13:36 PM EDT
The dollar briefly touched its highest level against the Japanese yen in more than 30 years on Thursday as a higher than expected U.S. inflation report sent Treasury yields and the greenback higher initially, while dovish commentary from Bank of Japan Gov. Haruhiko Kuroda kept the yen anchored.