Wednesday 14 October 2015

Dollar drops against yen as risk-off mood persists

The dollar moderately weakened against the yen and the euro in Asia trade Wednesday, as the Japanese and eurozone currencies were bought amid volatility in riskier assets.

The greenback USDJPY, -0.05%  was at ¥119.68, compared with ¥119.74 late Tuesday in New York.

The U.S. currency was slightly weaker against the euro EURUSD, +0.1318%  , which rose to $1.1390 midday from $1.1378 late Tuesday, after hitting as high as $1.1401 mid morning.

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