Dollar hits a three-week low against the Yen

Source: Investing.com
On Tuesday the US Dollar dropped to a three-week low versus the Japanese Yen as worries over a decline in the oil prices and its impact on the global economy boosted safe haven demand. USD/JPY reached a low of 117.74, the weakest since December 17, rebounding later to 118.39. The Yen received an extra push after Japan's Nikkei ended Jan 12 in red. The Dollar also weakened against the Euro, with EUR/USD adding 0.14% and rising to 1.1848, but the pair is still not far from the nine-year low of 1.1753.

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