Yen Jumps Past 100 per Dollar for Third Time Since Brexit: ChartBy
Japan’s currency climbed past 100 per dollar on Thursday after the latest minutes from the Federal Reserve undermined the chances for a U.S. interest-rate increase this year. It’s the third time the yen has got this strong since the U.K.’s June 23 vote to quit the European Union. The yen has climbed more than 20 percent this year, the most among major developed peers, spurred by haven demand and a turnaround in Japan’s trade flows.
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