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Dollar rises to 8-month high vs yen as Trump-inspired rally continues

Published 25/11/2016, 11:19 am
© Reuters. Dollar rises to 8-month high vs yen as Trump-inspired rally continues
USD/JPY
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TOKYO, Nov 25 (Reuters) - The dollar rose to an eight-month high against the Japanese yen on Friday, extending its rally since Donald Trump's victory in the U.S. Presidential election stoked speculation of higher U.S. economic growth and inflation.

The dollar rose to as high as 113.64 yen JPY= , gaining about 0.3 percent in early Asian trade.

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