Dollar hits 2-month high vs. yen after ISM report

The dollar finished just below a two-month high against the yen Wednesday after a gauge of service-sector growth from the Institute for Supply Management rose to its highest level in 10 years.

The dollar USDJPY, -0.09% broke above ¥125 for the first time since early June, and finished the day at ¥124.83. It traded at ¥124.30 late Tuesday in New York. Meanwhile, the euro EURUSD, +0.0275%  finished 0.1% higher at from $1.0905 late Tuesday in New York.

The ICE U.S. Dollar Index DXY, -0.09% a measure of the dollar’s strength against a basket of six rival currencies, finished the day at 97.9120, little-changed from its late Tuesday level.

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