Dollar Slips as Traders Weigh China Outlook; Sterling Gains

U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul on Feb. 7, 2011. Lee Jae-won/Reuters

SINGAPORE/LONDON—The dollar slipped on Thursday after rising in the previous session, with investors on edge at the end of the year as initial optimism over China’s reopening fizzled.

The yen was last 0.56 percent higher at 133.72 against the dollar. That followed a 0.73 percent fall on Wednesday which saw the yen hit a one-week low of 134.50.