The dollar retreated in Asian trading Friday as risk appetite improved in the region following strong gains on Wall Street overnight. The yen fluctuated between gains and losses.
USD/JPY was little changed at 147.18, paring an earlier 0.4% advance; the pair has been whipsawed this week, falling as low as 141.70 as yen-carry positions were unwound amid a jump in volatility.
The Bloomberg Dollar Spot Index fell 0.1%, extending Thursday 0.2% drop as jobless claims data alleviated jitters about recession. Yield on 10-year Treasuries fell 2bps to 3.97%.
AUD/USD edged 0.1% higher to 0.6596.
EUR/USD little changed at 1.0922.
Source : Bloomberg
