Dollar extends gains vs yen, hits fresh 4-year high
SINGAPORE May 10 (Reuters) - The dollar hit a fresh four-year high versus the yen on Friday, staying firm after data the previous day pointed to a further improvement in the U.S. labour market and eased concerns of an abrupt economic slowdown.
The dollar rose to as high as 100.87 yen on trading platform EBS, its highest level versus the Japanese currency since April 2009. The greenback last fetched 100.82 yen, up 0.2 percent from late U.S. trade on Thursday.
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- Suspect in Pennsylvania police ambush captured after seven-week manhunt |
- Global shares jump, yen slumps as BOJ cranks up stimulus
- Oil price declines have small-cap shale investors scrambling
- Special Report: Tsunami evacuees caught in $30 billion Japan money trap