Dollar extends losses vs yen, hits fresh 15-month low

By Kitco News / February 14, 2018 / www.kitco.com / Article Link

SINGAPORE, Feb 15 (Reuters) - The dollar extended its losses against the yen and set a fresh 15-month low on Thursday, with the selling accelerating after it breached the previous day's trough.

The dollar dropped below Wednesday's nadir of 106.725 yen and fell to as low as 106.42 yen , its weakest level since November 2016. The U.S. currency later pared some of its losses and was last down 0.3 percent on the day at 106.64 yen.


(Reporting by Masayuki Kitano Editing by Shri Navaratnam)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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