US$ pulls back from near 4-month low against yen

New York

THE US dollar pulled back from a near four-month low against the Japanese yen on Friday, and was on pace to snap an eight-day losing streak against the safe-haven currency, after Republicans killed their bill to overhaul America's healthcare system.

Republican leaders of the US House of Representatives pulled legislation to overhaul the healthcare system from consideration on Friday due to a shortage of votes despite desperate lobbying by the White House and its allies in Congress, dealing a stiff setback to President Donald Trump.