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US dollar falls versus yen as weaker stocks, lower yields shake confidence
The dollar fell against the yen on Thursday as growing investor aversion to riskier assets hit equities and pushed down U.S. Treasury yields. The U.S. currency dropped 0.4 percent to 112.72 yen , handing back its modest gains made overnight. Global equity markets have been shaken and the dollar fell this week after an inversion in a part of the U.S. Treasury yield curve triggered market concerns about economic growth. Adding to the jitters on Thursday was the arrest in Canada of a top executive of Chinese tech giant Huawei Technologies, fanning fears of a flare-up in tensions between China and the United States just ... (full story)