Dollar climbs to 13-month peak, bitcoin eyes US$100,000

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The Star 5h ago

Dollar climbs to 13-month peak, bitcoin eyes US$100,000 - The Star

Quick Summary:

TOKYO: The U.S.dollar edged up to a fresh 13-month high on Friday, with little to stop the greenback's momentum as investors assessed the outlook for the Federal Reserve's interest rate path, while bitcoin hit a record high and neared the $100,000 level.

But the currency's gains were short-lived, with the dollar last up 0.2% at 154.84 yen.

In a boost to the currency, BOJ Governor Kazuo Ueda on Thursday said that the bank will "seriously" take into account the impact yen moves could have on the economic and price outlook.