Dollar Recovers, Yen Falls on Rising Concerns about China and Global Growth

The US dollar held near a six-month peak on Wednesday as jitters over China and global growth weighed on risk appetite, while the yen was close to a 10-month low.

Against a basket of currencies, the US dollar was at 104.80, not far off the six-month high of 104.90 touched overnight.

The yen was at 147.66 per dollar in Asian hours.

The euro was little changed at $1.0721 in Asian hours; while Sterling was last at $1.25759.

The Australian dollar was down 0.17% to $0.637.

Source: Qatar News Agency