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Dollar/yen off five-month low but U.S.-Japan trade issues limit rise

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - The dollar pulled away from five-month lows versus the yen on Tuesday, with comments from U.S. Treasury Secretary Steven Mnuchin and higher debt yields giving the bruised greenback some breathing space.Still, the dollar was capped by nervousness about Tuesday's economic dialogue between the United States and Japan. Lingering worries about North Korea and the coming French presidential elections also kept a lid on the dollar against the safe-haven yen.Mnuchin told the Financial Times that he agreed with U.S. President Donald Trump's view that the dollar's ...

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First Published: Tue, April 18 2017. 11:18 IST
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