The U.S. dollar briefly hit an almost five-year high near the 115 yen line on Wednesday after stronger-than-expected U.S. data boosted hopes for a brighter outlook for the world's largest economy, although the weaker yen weighed on Tokyo stocks amid concern over rising material costs.The dollar advanced to 114.97 yen, its highest level since March 2017, before fetching 114.88-90 yen at 5 p.m. compared with 114.78-88 yen in New York and 114.26-28 yen in Tokyo at 5 p.m. Tuesday.The euro was quoted at $1.1302-1304 and 129.84-88 yen against $1.1315-1325 and 129.92-130.02 yen in New York and $1.…READ FULL ARTICLE
