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USD/JPY rallies to 3-year high

The dollar rallied to a 3-year high over the Japanese yen as traders priced in dovish Japanese policy under the new PM and tapering from the Fed. Bitcoin continued to gain ground, even as Jamie Dimon called it ‘worthless’.

Dollar gains for a third week

The US dollar closed a third week higher, while stocks were flat and gold recovered from a sharp sell-off mid-week. On Sunday Germans voted in a national election.

Dollar index hits new 1-year high

The US dollar struck a 1-year high while USD/CHF rose over 0.93 amid rising US Treasury yields and higher inflation expectations. Stocks pulled back amid worries rising commodity prices would hamper the economic recovery.


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