Dollar hits five-month low vs. yen as amid North Korea tensions

10:11 • 17.04.17



The dollar dipped to a five-month low against the yen on Monday as rising tensions over North Korea kept the safe-haven Japanese currency in demand, Reuters reports.


The dollar index against a basket of major currencies was down 0.2 percent at 100.390 .DXY, weighed down following the release of Friday's weak U.S. retail sales and consumer prices data and as flight-to-safety drove US Treasury yields to five-month lows. The US currency extended losses from the previous day and retreated to 108.135 yen JPY=, its lowest since mid-November.

 





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