Photographer: Chris Ratcliffe/Bloomberg

Dollar Doldrums a Boost to Asian Currencies

  • Currency’s surge adds pressure on Japan to boost stimulus
  • December Fed interest-rate boost prospects fall short of 50%

The yen strengthened beyond 100 per dollar for the first time since the U.K. voted to leave the European Union, as prospects the Federal Reserve will leave interest rates on hold this year heaped pressure on Japanese policy makers to ease again.

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