Yen drops, dollar on defensive as central banks seek to reassure markets

The currency market’s “initial response has been a ‘risk positive’ one,” Ray Attrill, head of foreign-exchange strategy at National Australia Bank wrote in a note to clients, pointing to theas 10-year Treasury yields jumped 12 basis points to 3.52 percent to start the week, pulling away from the low of 3.369 percent from Thursday.The euro added 0.17 percent to $1.06885 and sterling edged 0.1 percent higher to $1.2190.climbed 0.3 percent to $0.6721, and earlier touched $0.

In cryptocurrencies, bitcoin took a breather after its surge to a nine-month high of $28,474 on Sunday. It last changed hands at $27,888.Your subscription could not be saved. Please try again.

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