The dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this year. The yen, meanwhile, weakened significantly, nearing intervention levels as the Bank of Japan lags behind other central banks in policy normalization.

New York, June 5 (Jiji Press)--The dollar surged in New York trading on Friday, following the release of stronger-than-expected U.S. jobs data, sending the yen back to levels…

The dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded expectations, boosting the dollar…