FOREX-Dollar pares gains vs yen after Trump says to impose sanctions on Iran
24/06/2019 at 17:10
NEW YORK, June 24 (Reuters) - The dollar trimmed its earlier
gains versus the yen on Monday after U.S. President Donald Trump said
the United States will impose new sanctions on Iran in response to
Tehran's downing of a U.S. drone last week.
At 12:08 p.m. (1608 GMT), the greenback was up 0.08% at 107.39
yen. On Friday, it touched its lowest level since early January
against the Japanese currency, which is seen as a safe-haven for
investors in times of geopolitical turmoil.
(Reporting by Richard Leong Editing by Chizu Nomiyama)
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