Forex
Dollar steadies, yen surges
The dollar index ticks higher, but the yen posts the biggest move in major FX.
The dollar index rises 0.19% to 99.991. Against that backdrop, EUR/USD slips 0.11% to 1.1511 and GBP/USD falls 0.23% to 1.343.
USD/JPY is the standout, dropping 1.75% to 157.384. The move is sharp enough to stand out across the FX board, while USD/CHF gains 0.56% to 0.8103 and USD/CAD rises 0.25% to 1.4046.
Commodity-linked currencies are mixed. AUD/USD slips 0.36% to 0.7, USDBRL rises 0.3% to 5.0881, and USD/MXN falls 0.12% to 17.323. USD/KRW gains 0.57% to 1428.7, while USDCNY edges lower 0.13% to 6.7464.