Dollar Dominance: What's Behind the Currency's Gain? The dollar has strengthened against major currencies, including the yen, as markets await the latest US consumer price inflation report.
While some analysts attribute this shift to a weaker than expected jobs report, others see it as a symptom of a broader trend. The yen has taken a significant beating, dropping 0. 84% to 159.
14 per dollar – its steepest decline against the greenback in nearly five months.