The U.S dollar fell against the Yen Thursday as China's stronger-than-expected price data stoked concerns about more monetary tightening in that country, prompting investors to dump the U.S currency for the safe-haven yen. The greenback weakened against its Japanese counterpart, falling to 90.35 yen from 90.55 yen in late trading Wednesday.
Yesterday, the U.S dollar fell versus the EUR, reversing an earlier gain on stronger-than-expected manufacturing data in France and Italy. The greenback may decline further later in the day if U.S. weekly jobless claims disappoint, adding to views that the Federal Reserve won't hike interest rates for the time being according to analysts
