Dollar jumps to 3-month high against yen, Swiss franc - Breaking The News
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Dollar jumps to 3-month high against yen, Swiss franc

The American dollar strengthened against other safe-haven currencies on Thursday to reach its highest level since late July after Federal Reserve Chair Jerome Powell remarked that the central bank is in no rush to lower interest rates, noting that the current strength of the US economy provides policymakers with the "ability" to approach rate decisions "carefully."

The dollar rose 0.52% against the Japanese yen, selling at 156.40600. The greenback gained 0.54% versus the Swiss franc, trading at 0.89097.

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