The dollar was on pace for its best month against the yen since 2009 as signs of U.S. economic strength spurred bets that monetary tightening will accelerate. The greenback has risen more than 7 percent in November amid speculation U.S. President-elect Donald Trump will pursue reflationary policies, as futures signal growing bets that the Federal Reserve will
follow an interest-rate increase in December with additional hikes next year. The three-week rally since Nov. 4 was the dollar’s biggest versus the yen in more than two decades. Hedge funds and other large speculators have boosted bullish dollar wagers to the most since February, according to Commodity Futures Trading Commission data. READ MORE
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