Dollar hangs near 5-week high as inflation data looms; yen slips

TOKYO  – The dollar hovered near a five-week high against major peers on Monday on rising bets for prolonged Federal Reserve policy tightening ahead of a crucial consumer price report the following day. The yen slipped with the government set to nominate a candidate who backs the current policy settings as the new Bank of … Continue reading Dollar hangs near 5-week high as inflation data looms; yen slips