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Dollar Recovers in Asia as Gold Hits New Record HighSingapore, 2 Sep (ONA) — The US dollar clawed back some ground in Asian trading today.
The dollar index was last up 0.2% at 97.873, having touched its lowest since July 28 on Monday.
Gold hit an all-time high.
Against the yen, the dollar was 0.4% stronger at 147.81 yen, while the euro slipped, last off 0.2% at $1.1690 so far in Asia.
The Australian dollar paused for breath after five days of gain, last trading down 0.3% at $0.6538, near its highest in more than two weeks.
The kiwi traded 0.3% lower at $0.5884 to snap a three-day winning streak, which had pushed the currency to a two-week high.
Sterling traded at $1.3526, down 0.1% so far on the day, retreating from a two-week high reached yesterday “Monday”. — Ends/AH
