US Dollar, Yen Gain After Weak China Data, Amid Unrest in Afghanistan

US Dollar, Yen Gain After Weak China Data, Amid Unrest in Afghanistan
A security guard walks past a montage of old U.S. dollar bills outside a currency exchange in Nairobi, Kenya, on July 23, 2015. Thomas Mukoya/Reuters
Reuters
Updated:

NEW YORK/LONDON—The dollar rose on Aug. 16 against commodity currencies such as the Australian and Canadian dollars, while the safe-haven yen gained at a time of disappointing economic data from China, political tension in Afghanistan, and the spreading Delta virus weighing on risk appetite.

The dollar’s gains came after recent losses from a slump in consumer sentiment on Friday, Aug. 13, that weakened the U.S. unit.