The
yen was about 0.4 percent from the strongest level in four months
against the euro amid escalating violence in Iraq and speculation U.S.
data will underscore weakness in the world��s largest economy.The Bloomberg Dollar Spot Index yesterday matched the lowest close this month before Federal Reserve officials begin a two-day gathering and after the International Monetary Fund cut its U.S. growth outlook. Australia��s dollar was within one U.S. cent of its strongest level in 2014 before the Reserve Bank publishes minutes of its June meeting. The pound was near a five-year high as prospects the Bank of England is moving closer to raising borrowing costs spurred demand for the currency.
The yen was little changed at 101.93 per dollar as of 9:12 a.m. in Tokyo after climbing 0.2 percent in New York. It touched 101.61 on June 12, the strongest since May 30. Japan��s currency was at 138.39 per euro from 138.22 yesterday, when it gained to 137.71, a level unseen since February. The dollar traded at $1.3577 versus its European peer after sliding 0.3 percent to $1.3574 yesterday.
The Bloomberg Dollar Spot Index was little changed at 1,011.79 after falling 0.1 percent yesterday to 1,011.61, matching the lowest close since May 30.
Source : Bloomberg
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