The dollar fell broadly on Thursday to a 15-month low against the yen as negative sentiment towards the dollar overshadowed the impact of a 10-year US Treasury up to a four-year high. Analysts couldnt understand the huge drop in the dollar, which came despite a 3 percent rise in Treasury yields and a rise in equity and commodity markets. The dollar briefly rose on Wednesday after data showed that US inflation was stronger than expected in January, boosting expectations that the Federal Reserve will raise interest rates four times this year. But he quickly retreated and scored his worst daily performance in three weeks against a large basket of major currencies. The losses continued today as the dollar index fell to a two-week low of 88.585. The dollar fell 0.8 percent to 106.18 yen, its lowest level since November 2016, a drop of 3.8 percent from its peak in early February when it hit 110.50 yen. The euro briefly rose above $ 1.25 for the first time in two weeks to trade up about half a percent during the session before retreating slightly below this level. Wall Street’s main indexes opened higher on Thursday, with Cisco leading a more than 200 point jump in the Dow Jones Industrial Average, as concerns of rising inflation eased, Reuters reported. The Dow rose 206.95 points, or 0.83 percent, to 25,100.44. The S&P 500 gained 18.26 points, or 0.67664 percent, to 2,716.89. The Nasdaq Composite added 55.28 points, or 0.77 percent, to 7,198.90. The number of Americans filing for unemployment benefits rebounded from a near 45-year low last week, but remained below a level that is associated with a tightening labor market. Initial claims for state unemployment benefits increased 7,000 to a seasonally adjusted 230,000 for the week ended Feb. 10, the Labor Department said on Thursday. Claims for the prior week were revised to show 2,000 more applications received than previously reported. Claims fell to 216,000 in mid-January, which was the lowest level since January 1973. Economists polled by Reuters had forecast claims rising to 230,000 in the latest week. The labor market is near full employment, with the jobless rate at a 17-year low of 4.1 percent. The tighter labor market is starting to exert upward pressure on wage growth, which will over time add to inflation pressures.