Tuesday, January 5, 2010
The dollar's recent gains against the yen
Higher longer-dated U.S. Treasury yields underpinned the dollar's recent gains against the yen, traders said, with benchmark Treasury yields rising above 3.9 percent on Thursday, in sight of last year's high around 4 percent. [US/] US10YT=RR
The dollar was trading around 92.90 yen JPY=, having risen as high as 93.15 yen on trading platform EBS last Thursday, its highest since early September 2009.
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