FOREX-Dollar bolstered by oil, stocks; yen suffers
* Dollar gains broadly, risk appetite improves
* Greenback supported by Fed rhetoric, falling oil price
* Euro hits record high at 169.98 yen <EURJPY=>
(Changes byline, updates prices, adds quotes)
By Toni Vorobyova
LONDON, July 23 (Reuters) - The dollar hit a one-month peak against the yen and a two-week high versus the euro on Wednesday, buoyed by a sharp slide in oil prices, a recovery in stocks and hawkish rhetoric from U.S. officials.
With oil more than $20 below this month's record peaks CLc1 and world stocks on a six-day winning streak for the first time in two months .MIWD00000PUS, the improved risk appetite pushed the low-yielding, safe-haven yen to a record low against the euro as investors sought higher returns elsewhere.
Philadelphia Federal Reserve President Charles Plosser, a known hawk, said on Tuesday that rising inflation could force the Fed to start raising interest rates even before labour and financial markets recover, giving the dollar a boost. Continued...






