U.S. Dollar rises on expectation U.S. economy recovers faster

The U.S. currency increased on Thursday hitting the highest level in five years versus the Japanese Yen and stayed firm against its other most-traded peers on expectations the U.S. economy may continue its recovery with a solid pace suggesting that the Fed withdraws its easing program next year. The so-called Greenback strengthened to 104.645 yen earlier on today's session and it was traded 0.2% higher at 104.62 yen.