With little economic news to drive trading, safe haven currencies like the dollar and yen were boosted by concerns that
Evidence of risk aversion was also seen in the bond market, where benchmark US Treasury yields fell to lows not seen since last summer.
The greenback surged a fresh 3-month peak versus the euro, extending this week's strong gains amid expectations the
A downbeat report on German unemployment likely cemented the ECB's plans.
German unemployment increased for the first time in six months in May, but the labor office said it is largely due to weather related factors. The number of people out of work increased by around 24,000 to 2.91 million in May, the
This was the first increase in six months and confounded expectations for a decline of 15,000.
The buck rose to
Early gains took the dollar to
British retail sales increased for the sixth straight month in May, but at a slower pace than in April.
Meanwhile, the dollar drifted slightly lower versus the yen. The pair slipped to
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