June 24 (Reuters) – The dollar fell to a one-month low against the yen on Thursday as the greenback stayed pressured by the U.S. central bank’s pledge to keep rates low for some time. The dollar fell to 89.63 yen JPY=, its lowest since late May.
“Price action in the likes of dollar/yen remains poor, my order board suggests some more weakness to come in dollar/yen with an initial target 89.10 yen,” one London-based spot trader said. (Reporting by Neal Armstrong and Tamawa Desai)
