Currencies News

Yen Rises After China Data as Kuroda Sees Recovery; Kiwi Drops

3:43 am ET

The yen climbed for a second day against the dollar, advancing to a two-week high, as a private report showing Chinese manufacturing contracted more than economists estimated last month spurred demand for safer assets.

Pound Climbs to 4-Year High on U.K.’s Resurgent Economic Growth

The pound advanced to the strongest level in more than four years against the dollar this week as signs the U.K. economic recovery is gathering momentum boosted the allure of British assets.

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