Tokyo: The US dollar clawed back some ground in Asian trading today. The dollar index was last up 0.2% at 97.873, having touched its lowest since July 28 on Monday. Gold hit an all-time high.
According to Oman News Agency, against the yen, the dollar was 0.4% stronger at 147.81 yen, while the euro slipped, last off 0.2% at $1.1690 so far in Asia. The Australian dollar paused for breath after five days of gain, last trading down 0.3% at $0.6538, near its highest in more than two weeks.
The kiwi traded 0.3% lower at $0.5884, snapping a three-day winning streak that had pushed the currency to a two-week high. Sterling traded at $1.3526, down 0.1% so far on the day, retreating from a two-week high reached yesterday “Monday”.