Dollar slips as oil prices sink, bond yields stabilise

Key facts

• The dollar retreated in Asian trade as oil prices and bond yields eased.
• Global stocks also declined.
• The euro appreciated 0.2% to $1.1177.
• The British pound was up 0.1% at $1.3219.

The dollar weakened in Asian trading as oil prices and bond yields declined, contributing to a slide in global stock markets. The euro saw a 0.2% increase, reaching $1.1177 against the dollar, while the British pound also edged up by 0.1% to $1.3219.