• The dollar struggled at a four-month low against the yen early on Wednesday after a slide in Wall Street stocks sent U.S. Treasury yields sharply lower, eroding the greenback's interest rate allure. The U.S. currency was off 0.2 percent at 111.56 yen after plumbing 111.43, its lowest since Nov. 28.
The dollar also nursed large losses against the euro. The common currency was steady at $1.0810 after surging overnight to $1.0819, its highest since early February.
The dollar index against a basket of major currencies was a shade lower at 99.707 after retreating to a 1-1/2-month low of 99.642 overnight.
• Oil prices fell on Tuesday, with U.S. crude dropping to its lowest since November, as concerns about new supplies overshadowed the latest talk by OPEC that it was looking to extend output cuts beyond June.
Brent futures for May delivery fell 66 cents, or 1.3 percent, to settle at $50.96 a barrel, its lowest since March 14.
U.S. West Texas Intermediate crude, meanwhile, shed 88 cents, or 1.8 percent, to settle at $47.34 per barrel on the last day for the April contract, falling to its lowest since Nov. 29, before a global effort to shore up prices.
Reference: Reuters
Thai
Eng