Monday 11 December 2017

Dollar crises after its dip against yen

The dollar climbed from a 10-week low against the yen after a US factory gauge unexpectedly advanced in April, easing concern the economic recovery is flagging. The greenback rose from the lowest in almost a month against the euro as the data highlighted a divergence between US economic performance and that of Europe, where reports over the past week showed the UK and Spain are in recession.

Irish Independent

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