Euro bruised by Ukraine tensions, Fed hike talk

Published by
Reuters UK

By Alun John HONG KONG (Reuters) – The euro edged up a little in Asian trading, but was still nursing bruises after two sessions of sharp losses as tensions in Eastern Europe pushed demand for the dollar and the safe-haven yen. Central bank policy was also top of mind for investors as the Bank of Japan said it would “not frequently” step in to buy government bonds, complicating the situation for investors after the BOJ defended its key bond yield target on Monday. The euro was at $1.1320, up 0.12% on Tuesday, having touched $1.1278 the day before, its lowest in a week-and-a-half, while the yen…

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