March 6, 2018 / 10:57 PM / 4 months ago

Dollar falls vs. yen, Swiss franc as Cohn stepping down as Trump advisor

TOKYO (Reuters) - The dollar fell against the safe-haven yen and the Swiss franc on Wednesday as top White House economic adviser Gary Cohn, an ex-Wall Street banker seen as a bulwark against protectionist forces within the Trump administration, is resigning.

FILE PHOTO - Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo

The dollar fell 0.4 percent to 105.65 yen JPY=, edging near its 16-month low of 105.24 touched on Friday. Against the Swiss franc, the dollar shed 0.2 percent to 0.9394 franc CHF=.

Reporting by Hideyuki Sano; Editing by Chris Reese

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