The dollar stood at 111.63 yen JPY=, slipping from one-week highs of 112.13 touched on Wednesday.
Those
moves have pulled the dollar's index against a basket of six major
currencies .DXY =USD down to 97.028, near Monday's 6-1/2-month low of
96.797.
The Chinese yuan CNH=D4 CNY=CFXS strengthened, hitting its highest level in almost two months, on buying by major state-owned banks in what some traders thought was a show of strength a day after Moody's downgraded the country's credit rating.
Mainland Chinese shares .SSEC, which were briefly unsettled by Moody's downgrade of its rating on China on Wednesday, bounced back 1.6 percent.
The Canadian dollar strengthened to a five-week high of C$1.3402 per U.S. dollar CAD=D4 after the Bank of Canada was more upbeat about the economy than some investors had expected.
Oil prices flirted with five-week highs as investors expect oil producing countries to extend output cuts at their meeting in Vienna later in the day.
Benchmark Brent crude oil LCOc1 rose 49 cents a barrel, or 0.9 percent, to $54.45. U.S. light crude CLc1 was up 46 cents, or 0.9 percent, at $51.82.
Both benchmarks have gained more than 16 percent from their May lows below $50 a barrel, rebounding on a consensus that OPEC and other producers will maintain strict limits on production in an attempt to drain persistent global oversupply.
Elsewhere, digital currency bitcoin BTC=BTSP hit a fresh record high, having surged 170 percent in about two months from its March low.
Demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.
The Chinese yuan CNH=D4 CNY=CFXS strengthened, hitting its highest level in almost two months, on buying by major state-owned banks in what some traders thought was a show of strength a day after Moody's downgraded the country's credit rating.
Mainland Chinese shares .SSEC, which were briefly unsettled by Moody's downgrade of its rating on China on Wednesday, bounced back 1.6 percent.
The Canadian dollar strengthened to a five-week high of C$1.3402 per U.S. dollar CAD=D4 after the Bank of Canada was more upbeat about the economy than some investors had expected.
Oil prices flirted with five-week highs as investors expect oil producing countries to extend output cuts at their meeting in Vienna later in the day.
Benchmark Brent crude oil LCOc1 rose 49 cents a barrel, or 0.9 percent, to $54.45. U.S. light crude CLc1 was up 46 cents, or 0.9 percent, at $51.82.
Both benchmarks have gained more than 16 percent from their May lows below $50 a barrel, rebounding on a consensus that OPEC and other producers will maintain strict limits on production in an attempt to drain persistent global oversupply.
Elsewhere, digital currency bitcoin BTC=BTSP hit a fresh record high, having surged 170 percent in about two months from its March low.
Demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.
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