Dollar Down for Tenth Straight Day, Yen at 2-1/2 Week High

RATE DOLLAR - LONDON. The U.S. dollar edged lower as lacklustre data appeared to cement the case for a Federal Reserve rate cut next week, while the yen gained on expectations that the Bank of Japan will raise rates this month.

Investors have also been weighing the prospect of White House economic adviser Kevin Hassett taking over as Fed Chair after Jerome Powellâ??s term ends in May. Hassett is expected to push for more rate cuts.