Dollar falls as Fed curbs rate hike talk; yen gains
TOKYO, Dec 8 (Reuters) – The dollar fell on Tuesday and the yen rose after senior Federal Reserve officials curbed speculation of a quick rise in U.S. rates that had sent the greenback smartly higher after a promising jobs report last week. Traders said Japanese exporters sold dollars for yen, pushing the U.S. currency below 89 yen and dragging higher yielding currencies and the euro down against the yen as well. Full Story


