US economic data

The yen surged against a basket of currencies on the weaker US economic data in the second quarter.

As of 8:45 am ET, the yen traded higher at 77.13 against the US dollar, 126.13 against he pound, 110.41 against the euro, 66.66 against the New Zealand dollar, 80.52 against the Canadian dollar and 84.30 against the Australian dollar.
 

In early European session today, the US currency exhibited mixed performance across the board on expectations of various economic reports due from US in the upcoming hours. While the buck plunged to a 5-week low against the euro, it recouped Asian session's loss against the yen. On the other hand, the dollar showed choppy trading against the franc and it pared recent gains against the pound.