TOKYO/LONDON—The dollar was lord of all it surveyed on Wednesday, at a fresh 24-year peak on the yen and retesting a 20-year high on the euro after U.S. economic data reinforced the view that the Federal Reserve would maintain aggressive policy tightening.
Economic jitters elsewhere, pushing investors to safety, also supported the U.S. currency.
The dollar soared as high as 144.38 yen in Asia trade, hitting the level for the first time since August 1998, while the euro wallowed below 99 cents after dipping as low as $0.9864 overnight, its lowest since late 2002.
This caused the U.S. dollar index, which measures the greenback against six major peers, to hit a fresh 20-year high of 110.69 early on Wednesday….