U.S. Update: Dollar testing year lows
What happened in Asia and Europe After late U.S. session strong dollar bearish rally, majors spent most of Asian session consolidating around New York closing levels. Japanese yen lost some ground against dollar and Euro, as Japanese importers bought the two currencies ahead of their month-end book-closing. But rallies did not hold as weak Asian share markets encouraged short-term investors to buy back the safe-haven yen. Early Europe, dollar remained consolidating close to year lows against