Article taken from: finance.yahoo.com
Yen sets fresh seven-week high as stocks decline * Commodity currencies weaker after drop in oil * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Kevin Buckland TOKYO, April 21 (Reuters) – The dollar languished on Wednesday, hovering just above a seven-week low with subdued U.S. bond yields reducing the currency’s yield appeal. The safety bid also bolstered the yen, which climbed to a fresh seven-week peak of 107.88 per dollar on Wednesday. The dollar index, which tracks the U.S. currency against six major peers, was at 91.196 early in the Asian trading day after slumping as low as 90.856 on Tuesday for the first time since March 3. […] The Canadian dollar traded at C$1.26050 to the greenback in Asia, following its biggest plunge in nearly two months on Tuesday. […] In cryptocurrencies, bitcoin traded around $56,000, consolidating following its dip to as low as $51,541.16 on Sunday.
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