The dollar got a boost from a sharp rise in Treasury yields and pushed the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report and ramped up bets on an imminent Federal Reserve rate hike.
The dollar rose to a fresh top of 162.77 yen in the early Asian session, well above levels that prompted Japanese authorities to intervene a few months ago to shore up the ailing currency.
