Dollar rebounds vs yen as risk appetite recovers

London

As share prices rebounded across Asia and Europe, the dollar climbed around 0.2 per cent to 113.09 yen, up from lows of 112.47 yen on Wednesday.

But against a basket of currencies, the greenback was flat , having fallen to its lowest in almost four weeks on Wednesday, a severe correction from the uptrend that began in early September on hopes of a tax cut deal.