Asian Session – Dollar pulls back against yen on weak data, BoJ summary
Posted on December 29, 2016 at 9:04 am GMTThe US dollar slipped to two-week lows against the yen in Thursday’s Asian session as a combination of disappointing US homes sales numbers and a relatively upbeat summary of opinions by the Bank of Japan drove the greenback below 117 yen. The euro rebounded back above 1.04 dollars, while commodity-linked currencies also made modest gains. An unexpected drop in pending home sales in the United States in November raised concerns about the possible impact of rising interest rates on the [..]