The dollar lost ground against the Japanese yen and other major
currencies on Monday, as recent weakness in Japan equities hurt
investors’ risk appetite and disappointing U.S. data triggered
concerns for a slowing economic recovery.
Against the yen, the dollar USDJPY -0.03% dropped to ¥101.56 from ¥101.81 late Friday, even as the Nikkei Average JP:NIK +0.56% managed to end with a 0.6% gain Monday. Click Here To Register For Free Trial Services
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