The dollar was at its highest level this year against the pound sterling and the euro on Thursday, but the yen plunged the most in a month after the hottest U.S. inflation rate of the generation spurred bets on interest rate hikes.
Euro was pushed down 1% by massive support to $ 1.1476 after the US consumer price index reached 6.2% overnight.
It was fixed at that level early in the Asia session and lacks chart support until around $1.12.
Sterling dropped 1.2% to $1.3401. This is the lowest level since July 2020.
The pound fell 1.2% to $ 1.3401 which is the lowest level since December 2020. The yen reversed a week of gains in a few hours and dropped 0.8% to 114.00 per dollar.