(Reuters) - The low-yielding yen ticked higher against the euro on Wednesday as a six percent fall in Chinese stocks made investors nervous about risky carry trades.
The dollar held steady against the euro near last week's six-week high ahead of Federal Reserve minutes of its May policy meeting, which could add to expectations the central bank might hold interest rates steady this year instead of cutting them -- a factor supporting the dollar in recent weeks.
Read more at Reuters Africa
The dollar held steady against the euro near last week's six-week high ahead of Federal Reserve minutes of its May policy meeting, which could add to expectations the central bank might hold interest rates steady this year instead of cutting them -- a factor supporting the dollar in recent weeks.
Read more at Reuters Africa
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