Reuters: US Dollar Report: Dollar rises 1 pct on day, hits fresh 29-month high

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Dollar rises 1 pct on day, hits fresh 29-month high Jan 4th 2013, 08:01 LONDON | Fri Jan 4, 2013 3:01am EST LONDON Jan 4 (Reuters) - The dollar rose 1 percent on the day to hit its highest level in nearly 2-1/2 years against the yen on Friday on expectations the Bank of Japan will ease policy aggressively and concerns the Federal Reserve may consider slowing future asset purchases. The dollar rose past reported option barriers at 88 yen to hit a high of 88.12 yen its highest level since late July 2010. The dollar index also hit a six-week high of 80.767.

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