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Home » FOREX-Dollar shines as US economy outperforms, yen at 10-month low

FOREX-Dollar shines as US economy outperforms, yen at 10-month low

    A buoyant dollar pushed the yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their faith in a still-resilient U.S. economy even amid a dour global growth outlook. A less-than-expected fall in China's exports and imports numbers in August did little to lift investors' spirits, as they remain on the lookout for further support measures from Beijing to shore up the economy and revive market confidence. The greenback scaled a fresh top of 147.875 yen in early Asia trade, its highest since last November.

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