Safe-haven yen gains, dollar struggles on U.S. economic worries – ZAWYA

Safe-haven yen gains, dollar struggles on U.S. economic worries – ZAWYA

safe-haven yen gains, dollar struggles on u.s. economic worries dollar falls to 4-month lows vs yen    a u.s. dollar note is seen in this june 22, 2017 illustration photo. saudi to conduct next dollar issue in first half 2018.new york: the safe-haven yen rose to more than four-month highs on friday, while the dollar dropped to a nearly two-year low, as risk appetite diminished amid a slew of worries ranging from the delay in the stimulus package bill, the spike in virus cases, and u.s.-china tensions.the dollar was on track to post its worst weekly performance in more than four months against a basket of currencies. against a surging euro, the struggling dollar was on pace to post its largest weekly percentage loss since early june."investors are shunning the greenback because they're worried about the prospects for the u.s. economy and even if the government comes up with another stimulus package, it may fall short, or may be too little, too late," said kathy lien, managing director at bk asset management in new york.the dollar was on track to post its worst weekly performance in more than four months against a basket of currencies. against a surging euro, the