Tokyo: The dollar took a breather on Thursday, following a sharp bounce after President Donald Trump backed away from threats to fire Federal Reserve chair Jerome Powell and his administration opened the door to a softer stance on China tariffs. After dipping below 140 yen on Tuesday, the dollar has rebounded off major chart support and was last at 143.25 yen on Thursday.

According to Qatar News Agency, the dollar has recovered from a three-and-a-half-year low of $1.1572 per euro, but encountered a little selling in the Asia morning to steady around $1.1338. After briefly breaching $0.64 this week, the Aussie was at $0.6361, while the New Zealand dollar held on at $0.5949. Sterling and the Swiss franc each steadied after a sharp retreat, leaving sterling at $1.3263 and the Swissy at 0.8290 per dollar. China's yuan was steady around 7.29 per dollar in early trade.