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US dollar slips to 2-week low against yen as Treasury yields fall

Published Thu, Dec 29, 2016 · 09:50 PM

London

THE US dollar slipped to a two-week low against the yen on Thursday, mirroring a fall in US bond yields as weaker-than-expected economic data weighed on the greenback and waning risk appetite boosted Japan's safe-haven currency.

Japan's Nikkei stock index - which tends to move in the opposite direction to the yen - shed 1.3 per cent as Toshiba Corp dived 16 per cent after news of pote…

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