TOKYO -- The yen briefly rose to its strongest point this year on Friday due to growing speculation of a possible 0.50 percentage point U.S. rate cut next week.
Currencies
Yen hits strongest level this year on speculation of big Fed rate cut
Japanese currency's surge comes just days after reaching previous high
The dollar-yen rate is shown on a screen at a trading desk in Tokyo on Sept. 13. (Photo by Yuji Murakami)
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