Yen sinks to 158 range against dollar in New York
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Yen sinks to 34-year low past 160 per dollar
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. The greenback bought 160.17 yen in morning trade -- its weakest since 1990 -- fanning speculation that Japanese authorities would step
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Japanese yen weakens to 160 against the U.S. dollar for the first time since 1990
The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.