FE Today Logo

Dollar supported by ECB talk, Japan election speculation

November 19, 2014 00:00:00


TOKYO, Nov 18 (Reuters): The dollar held its own on Tuesday, as investors waited to see if Japan's leader would call a snap election after the country unexpectedly slipped into recession and European Central Bank officials raised the prospects of further stimulus steps.

The dollar was steady on the day at 116.63 yen, within sight of its seven-year peak of 117.06 yen touched on the EBS trading platform on Monday after Japan's downbeat gross domestic product data.


Share if you like