(Bloomberg) -- Rubber futures in Tokyo, the global
benchmark, gained for a fourth day after the dollar strengthened,
boosting demand for yen-denominated contracts for commodities
such as rubber that trade globally in the U.S. currency.
The dollar has strengthened 1.2 percent against the yen so
far this month, and traded at 121.25 as of 2:48 p.m. in Tokyo,
after climbing intraday to a three-month high of 121.39 on May 18.
Read more at Bloomberg Commodities News
benchmark, gained for a fourth day after the dollar strengthened,
boosting demand for yen-denominated contracts for commodities
such as rubber that trade globally in the U.S. currency.
The dollar has strengthened 1.2 percent against the yen so
far this month, and traded at 121.25 as of 2:48 p.m. in Tokyo,
after climbing intraday to a three-month high of 121.39 on May 18.
Read more at Bloomberg Commodities News
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