U.S. dollar hits lower 145 yen in Tokyo, highest since intervention

The U.S. dollar briefly rose to the lower 145 yen range in Tokyo on Monday after topping the 145 yen line for the first time since Japan intervened in the currency market in late September, as U.S. economic data showing strong inflation fueled speculation of aggressive interest rate hikes in the world's largest economy.At 5 p.m., the dollar fetched 145.02-04 yen compared with 144.70-80 yen in New York and 144.31-33 yen in Tokyo at 5 p.m. Friday.The euro was quoted at 0.9811-9812 and 142.28-32 yen against $0.9795-9805 and 141.92-142.02 yen in New York and $0.9832-9834 and 141.89-93 yen in To…READ FULL ARTICLE