Forex
Dollar Holds Two-Month High as Yen Weakens Amid Warning Signs
The US dollar held near a two-month high on Tuesday as investors awaited key data releases later this week for clues on the Federal Reserve's rate path.
Volatile oil prices and a sharp rise in Treasury yields supported the dollar, although gains were limited due to investor caution.
The Japanese yen weakened towards recent lows after Japan's top currency official Atsushi Mimura warned markets to heed a 'very clear' message from Japan and the US about excessive yen weakness.