|21 February, 2020

Yen repairs some damage as dollar charge slows

The Japanese currency had lost 2% against the dollar in the previous two days

LONDON  - Japan's yen bounced sharply in early European trading on Friday, as traders swooped back into the currency after its worst four-day run in years.

The Japanese currency had lost 2% against the dollar in the previous two days as worries about the impact of the coronavirus on Asia had spread, but its early burst in London left it up 0.5% on the day at 111.5 yen.

(Reporting by Marc Jones; Editing by Tom Arnold) ((marc.jones@thomsonreuters.com; +44 (0)207 542 9033; Reuters Messaging: marc.jones.thomsonreuters.com@reuters.net Twitter @marcjonesrtrs))

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