The dollar has climbed close to a 24-year peak against the yen today after hotter-than-expected inflation boosted bets for even more aggressive monetary tightening by the Federal Reserve. The dollar surged as high as144.965 yen, taking it close to the144.99 level hit a week ago. On Money in the Market, Lim Jun Kit, Strategist at Philip Nova explains the dollar's impact on the Japanese yen, the Chinese yuan, and the euro.

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