Dollar and Euro Drift as Yen Slips in Directionless Markets
The U.S. dollar churned in early Asian trading as investor confidence recovered modestly, while political risk in Europe weighed on sentiment. The euro was steady at $1.1216; the body is truncated before further currency details.
By Gregor Stuart HunterThe US dollar churned at the start of trading in Asia on Tuesday as a tepid recovery in investor confidence bolstered higher-yielding currencies, but growing political risk in Europe continued to test traders' nerves.The euro FX:EURUSD was steady at $1.1216, while the British…