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The dollar fell against the yen on Wednesday as Japanese exporters brought earnings back home, outweighing higher US bond yields, which rose following the prior session's weak Treasury auction. Commodity gains boosted the Australian and New Zealand dollars, while the euro rose against the US dollar after holding above its 200-day moving average.
The euro was last at $1.3170, up 0.4 percent, while the dollar was down 0.6 percent at 81.98 yen, near Tuesday's 6-1/2-week low just above 81.80 yen. The euro was at 1.2490 francs, about half a cent from a record low, while the dollar fell 0.2 percent to 0.9506 francs, near Tuesday's 0.9435 record low. The Australian dollar rose 0.4 percent to $1.0132, near a 28-year peak hit in November.

Copyright Reuters, 2010

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