Dollar Tops 110 Yen For The First Time This Year – 4 February, 2019

The dollar is at a five week high against the yen as strong payroll numbers lured in investors with an stronger risk appetite, while the euro and pound  weakened due to economic risk and Brexit worries. Against six major currencies, the dollar index was up 0.28 percent to 95.843. U.S. payrolls rose 304,000 last month, surpassing forecasts for its largest gain in a year. Against the yen, the dollar rose over 110 yen, its first time since the new year. The euro dipped 0.34 percent against the dollar with Brexit concerns being the top reason for the decline.