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Foreign Exchange Analysis Headlines

Dollar recovers on support from robust U.S. data

The dollar recovered from early weakness against the safe-haven yen to advance modestly on Thursday as better-than-expected U.S. retail sales data tempered concerns that the U.S. economy could be headed for a recession.

Yen, dollar higher as safe-havens benefit from recession fears

The Japanese yen and U.S. dollar index were higher on Wednesday after the U.S. Treasury bond yield curve inverted for the first time since 2007 and investors, gripped by fear of a looming global recession, fled to the safety of perceived safe-haven assets.

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