Dollar Edges up Against Euro, Hits Two-Week High Versus Yen

Dollar Edges up Against Euro, Hits Two-Week High Versus Yen
An employee of a bank counts U.S. dollar notes at a branch in Hanoi, Vietnam, on May 16, 2016. Kham/Reuters
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LONDON—The euro edged further away from a one-month high on Wednesday and the U.S. dollar nudged up, lifted by higher Treasury yields as global inflation worries flared anew.

The dollar index, which measures the currency against six major peers, including the euro, rose 0.2 percent to 101.96, extending Tuesday’s gains, when data showed eurozone consumer inflation soaring to a record.