Economics
Yen Weaker on U.S. Stability Signs; Singapore Dollar Up
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The yen weakened for a second day against the euro as signs that the U.S. economy is stabilizing curbed demand for the safest assets.
Japan’s currency slid against all of 16 major peers track by Bloomberg before data today that analysts said will show U.S. consumer confidence was near the strongest since May. The euro headed for a weekly drop against the dollar before figures that may show European industrial production shrank in August. Singapore’s dollar rose after the city state’s monetary authority kept policy unchanged.