MW : Dollar and yen benefit from Chinese stock weakness
The dollar traded at 94.28 yen, down from 94.69 yen in late North American trading on Tuesday.
The dollar index (DXY 79.17, +0.23, +0.29%) , which tracks the greenback against a trade-weighted basket of six major currencies, was at 79.171, up from 78.995 late Tuesday.
"With very few big incentives, the U.S. dollar and Japanese yen remain vulnerable to risk appetite developments within their recent ranges, and this situation probably will not change anytime soon," said Tomoko Fujii, a rates and currency strategist at Bank of America Securities-Merrill Lynch Japan, in emailed comments.
The euro was buying $1.4097, down from $1.4127 late Tuesday, and the British pound was trading at $1.6459, down from $1.6554.
