Seoul: US fiscal concerns and a tepid auction of Treasury bonds slapped the dollar to a two-week low versus the yen on Thursday. The dollar slipped to 143.27 yen early in Asia, marking its weakest level since May 7.
According to Qatar News Agency, South Korea's currency surged on Wednesday, reaching 1,368.90 per dollar, highlighting the dollar's weakened state across different markets. Meanwhile, the euro remained stable at $1.1330 after experiencing a 0.4% rise on Wednesday, marking a third consecutive session of gains.
Elsewhere, sterling held steady at $1.3426, showing resilience amidst the fluctuations in the currency markets. The Swiss franc also showed a slight increase, ticking up by 0.1% to 0.8245 per dollar.