LONDON: The dollar extended its losses against the yen and the euro in Asia trade Thursday after a lack of clear commitment by the Federal Reserve to raise interest rates in September indicated continued caution at the U.S. central bank.
The New Zealand dollar meanwhile tumbled to a fresh five-year-low against the dollar after weaker-than-expected growth figures for the economy.
The greenback USDJPY, -0.33% fell to ¥122.92, a one-week low, compared with ¥123.43 late Wednesday in New York.
Amid a lull in headlines on the Greek bailout impasse, the euro EURUSD, +0.1323% gained some ground against the softer dollar, rising to $1.1351 from $1.1337, while declining against the yen EURJPY, -0.19% to ¥139.59 from ¥139.91.
The WSJ Dollar Index BUXX, -0.08% a measure of the dollar against a basket of major currencies, was down 0.15% at 85.74.
