US dollar heads for best month since February

London

THE dollar brushed off news that investigators had charged US President Donald Trump's former campaign manager on Tuesday, putting it on track for its best month since February. It had earlier slipped to an 11-day low against the yen, as investors turned cautious following news that Paul Manafort and another Trump aide, Rick Gates, had been charged in a probe into Russian interference during last year's elections.

But it recovered to trade up 0.2 per cent on the day against the Japanese currency - which is often sought at times of political or financial uncertainty - at 113.40 yen.