TOKYO – The safe-haven U.S. dollar struggled to find its footing on Wednesday following two days of losses as global financial markets regained a measure of stability on hopes a full-blown banking crisis can be averted. The dollar index, which tracks the currency against six major peers, edged 0.08 percent higher to 102.57 in Asian trading, following drops of about 0.3 percent in each of the past two sessions. The weakness comes despite a rise in U.S. Treasury yields, also the result of ebbing demand for the safest assets.

https://business.inquirer.net/393657/safe-haven-dollar-sluggish-as-banking-fears-ebb-yen-drops

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