NEW YORK Nov 9 The dollar recouped all of its losses against the yen to trade slightly higher in late morning trade on Friday, helped by rising Treasury yields.
The dollar last traded 0.1 percent higher at 79.51 yen , off a session low of 79.06.
It had earlier come under pressure after worries about Europe prompted investors to shed riskier traders funded by cheap borrowing in the Japanese currency.
But that reversed somewhat after upbeat U.S. consumer sentiment data lifted stocks.
Trending On Reuters
Having quit his low-paid job with a contractor in Qatar, electrician Kurian Joseph scrabbles for work each day in his hometown in Kerala, a state that has one of India's highest unemployment rates. He's a casualty of the global oil price collapse. Full Article