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FOREX-Yen repairs some damage as dollar charge slows

Published 21/02/2020, 09:26
FOREX-Yen repairs some damage as dollar charge slows
USD/JPY
-

* Yen steadies after worst week in 2-1/2 years

* AUD languishing at 11-year low, kiwi sold

* Euro near 3-year low ahead of PMIs

* World FX rates in 2020 https://tmsnrt.rs/2RBWI5E

By Marc Jones

LONDON, Feb 21 (Reuters) - Japan's yen bounced sharply in

early European trading on Friday, as traders swooped back into

the currency after its worst four-day run in years.

The Japanese currency had lost 2% against the dollar in the

previous two days as worries about the impact of the coronavirus

on Asia had spread, but its early burst in London left it up

0.5% on the day at 111.5 yen. JPY=

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