The safe-haven yen rose against the dollar after U.S. President Donald Trump signed into law legislation supporting anti-government protesters in Hong Kong, which could complicate efforts to end the U.S.-China trade war.
The yuan fell in offshore trade as scrutiny of Hong Kong's response to months of often violent protest against Chinese rule of the former British colony potentially opens up a new fault line in already fractious relations between Washington and Beijing.
The Swiss franc and gold also rose on Thursday as investors sought safe-haven assets due to concern about a potential increase in geopolitical risk.
The yen rose around 0.2% to 109.35 versus the dollar on Thursday in Asia, rebounding from a six-month low reached Wednesday after U.S. economic growth was revised up in the third quarter.
Source : Reuters