The yen weakened versus the majority of its major peers as investors sought higher-yielding assets amid an advance in global stocks.
Despite China's canceled order, soybeans inch higher
The dollar slid to a two-year low against the euro as concern that U.S. growth was hampered by a government shutdown earlier this month fueled bets the Federal Reserve will delay slowing its stimulus program until next year.
The dollar rose amid speculation Federal Reserve officials are still intending to slow the pace of asset purchases that have debased the currency.
The euro headed for its biggest weekly advance in two months against the dollar before a regional report that economists said will show consumer confidence improved in September.
The Canadian dollar declined versus the majority of its 16 most-traded counterparts before the Federal Reserve decides whether to scale back record stimulus that had fueled demand for riskier assets.
The dollar fell as Treasury two-year yields declined for a second day on speculation lower-than- forecast job growth may prompt the Federal Reserve to be less aggressive when reducing monetary stimulus.
The dollar fell against the majority of its 16 most-traded peers after an unexpected slump in a regional manufacturing index bolstered the argument for the Federal Reserve to put off winding down its bond-buying program.
A gauge of volatility among Group of Seven currencies slid to a 10-week low on speculation that the Federal Reserve won’t rush to increase interest rates as the U.S. central bank winds down its bond-buying program.
The dollar weakened against most of its major peers after Federal Reserve Chairman Ben S. Bernanke damped speculation that a reduction of U.S. monetary stimulus was imminent.