Safe-haven dollar slides as bank fears ease; yen surges
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar slid for a second day against major peers on Tuesday as receding fears of a full-blown banking crisis sapped demand for the safest assets. The yen, traditionally also a safe haven, however, rebounded strongly for overnight losses, with analysts pointing to likely repatriation of overseas profits by Japanese corporations into the end of the country’s fiscal year on Friday. The risk-sensitive […]