The dollar briefly reached a five-month high against the euro on Tuesday and the yen fell to its lowest level since 1990 and came closer to the key 155 level, which traders are watching for possible intervention by Japanese authorities. The greenback has been bolstered by stronger-than-expected growth data, including retail sales data for March released on Monday. Stickier-than-hoped inflation in particular is seen as making it less likely that the Federal Reserve will begin cutting interest rates in the coming months. “The reality is that you have an expanding economy,” said Juan Perez, director of trading at Monex ... (full story)