Dollar Rises Against Yen on Risk Appetite; Mexico’s Peso Climbs

The dollar rose the most in two weeks against the yen as risk appetite swelled amid a higher-than-forecast gain in U.S. industrial production and as companies’ earnings topped estimates, damping demand for safety.

Mexico’s peso rallied on the production report from the U.S., the nation’s biggest trade partner. Japan’s currency sank as central-bank Governor Haruhiko Kuroda told parliament it wasn’t appropriate to discuss an exit from stimulus now. Stocks climbed. The dollar erased a gain versus the euro as Federal Reserve Chair Janet Yellen said U.S. policy makers have a “continuing commitment” to support the economic recovery.