Dollar Hovers Above One-Week Low as Evergrande Questions Persist

Dollar Hovers Above One-Week Low as Evergrande Questions Persist
U.S. dollar banknotes are seen in this photo illustration taken on Feb. 12, 2018. Jose Luis Gonzalez/Illustration/Reuters
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LONDON—The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer China Evergrande Group.

The yen fell to its weakest since mid-August as Treasury yields pushed to the highest since the start of July.