Robust US Economy Lifts Dollar, Yen Skids to 10-month Low

Robust US Economy Lifts Dollar, Yen Skids to 10-month Low
U.S. dollar and Japan yen notes are seen in this photo illustration on June 2, 2017. Thomas White/Reuters
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LONDON/SINGAPORE—The dollar edged up after pushing the yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their hopes on a still-resilient U.S. economy.

Against a basket of currencies including the euro and sterling, the dollar rose 0.05 percent to 104.91, holding on to some of its gains from the previous session after scaling a six-month peak as the U.S. services sector unexpectedly gained steam in August.