The dollar hung near a five-week low against the yen on Tuesday after worries ab...
TOKYO - The dollar hung near a five-week low against the yen on Tuesday after worries about U.S.-China trade tensions rekindled fears about the outlook for global growth.
The dollar index against a basket of six rivals was basically unchanged at 97.53, having ended the previous session nearly flat. Against the yen, the dollar was a shade lower at 110.685 yen. It had brushed a five-week low of 110.285 yen per dollar during the previous session. Lighthizer said his office would probably put out a notice on Tuesday about a proposed increase in tariffs on $200 billion worth of Chinese goods to 25 percent from 10 percent.
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