LONDON—The yen got a boost on Thursday, while the dollar held near a seven-month low against the euro ahead of U.S. inflation data later in the day.
The Japanese yen rose as much as 0.8 percent to a session high of 131.36 per dollar in Asian trade. The yen last bought 131.70 per dollar.
Elsewhere, the dollar was a touch higher ahead of the closely watched U.S. inflation data, which could provide more clarity on how quickly price pressures are easing in the world’s largest economy and the impact on the Federal Reserve’s rate-hike path.
The U.S. dollar index was up 0.1 percent to 103.25, not far off its seven-month low of 102.93 hit earlier in the week….