WORLD FOREX

WORLD FOREX: Dollar Recovers Vs Yen, But Euro Pushes High

NEW YORK (Dow Jones)--The dollar struck back against the yen Friday after briefly touching a one-month low, on a day when traders leaned towards higher-yielding currencies.

The euro saw gains against the dollar and yen, spurred by an uptick in crude oil futures and modestly bullish remarks from Federal Reserve Chairman Ben Bernanke at an annual economic symposium in Jackson Hole, Wyo.

As a risk-sensitive currency, the euro is usually bid up when positive economic news feeds risk appetite.

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Lingering concerns about the the sustainability of the global economic recovery and light summer trading ...