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Dollar extends drop, hits fresh 15-month low vs yen

Published 11/02/2016, 12:02 pm
Updated 11/02/2016, 12:10 pm
© Reuters.  Dollar extends drop, hits fresh 15-month low vs yen
USD/JPY
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SINGAPORE, Feb 11 (Reuters) - The dollar hit a fresh 15-month low versus the yen on Thursday after comments from Federal Reserve Chair Janet Yellen the previous day gave investors no reason to change their minds that the next rate hike will be a long time coming.

The dollar fell to as low as 112.66 yen JPY= as of 0058 GMT, its lowest level since November 2014. The greenback was last down 0.5 percent at 112.80 yen.

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