Dollar, yen in retreat as risk sentiment revives, Musk lifts bitcoin – Reuters
- Date: 22-Jul-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Dollar, yen in retreat as risk sentiment revives, Musk lifts bitcoin – Reuters
TOKYO, July 22 (Reuters) - The safe-harbour U.S. dollar and yen remained on the back foot on Thursday, after pulling back from multi-month highs amid a recovery in risk appetite as strong earnings lifted Wall Street stocks.
Cryptocurrencies rallied after Tesla Inc (TSLA.O) CEO Elon Musk said the company would "most likely" resume accepting bitcoin for payment. read more
The dollar index , which measures the currency against six major peers, stood at 92.810 after pulling back from a 3 1/2-month high of 93.194 touched on Wednesday.
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