The dollar rose for
the first time in four days versus the yen as a selloff in Chinese
stocks and commodities slowed, lifting demand for riskier assets.
The greenback gained
against the euro as U.S. stocks and yields on government bonds climbed
as the Federal Reserve holds a two-day meeting to consider raising
interest rates. The dollar rose 0.3 percent to 123.56 yen as of 5 p.m.
in New York, and gained 0.3 percent to $1.1060 per euro. The Bloomberg
Dollar Spot Index, which tracks the greenback versus 10 major peers, was
little changed at 1,203.84.
New Zealand’s dollar rose 1.3 percent to 66.87 U.S. cents. The Australian dollar added 1 percent.
Source: Bloomberg
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