The dollar traded mixed versus its Group-of-10 peers while the Aussie underperformed as Chinese authorities refrained from unleashing more major stimulus to revive the economy.
European stocks fell while US futures were steady and Treasuries advanced; China said it's confident in reaching its economic targets this year and promised to further support growth.
The Bloomberg Dollar Spot Index pared most of its 0.1% decline while Treasury yields fell across the curve, led by the 2-year tenor dropping four basis points to 3.96%.
AUD/USD heads for a fourth daily drop, its longest losing streak since July; Aussie down as much as 0.6% to 0.6715, lowest since Sept. 16.
EUR/USD rises as much as 0.2% to 1.0997; leveraged offers capped the advance, with sell stops now seen below 1.0950, a Europe-based trader says.
USD/JPY halves a 0.6% drop to trade at 147.76; leveraged funds bought the yen for the Aussie and kiwi as tensions in the Middle East fueled demand for havens, according to an Asia-based FX trader.
GBP/USD reverses losses, rises 0.2% to 1.3104; cable fell to 1.3064 low and met support from the 55-DMA a second day.
Source : Bloomberg
