Dollar hovers near two-month high, yen near 146/$

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Reuters UK

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar perched near a two-month peak on Wednesday as investors looked to the Federal Reserve chair’s speech this week for cues on the path of monetary policy, while the yen loitered near 146 a dollar, keeping traders guessing on any intervention. The dollar index, which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched on Tuesday. The index is up 1.6% in August and is on course to snap its two-month losing streak. The currency market is subdued amid a lull in summer volatility and …

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