Market News

    Dollar spikes on Ukraine jitters after Russia reports attack

    SINGAPORE, Feb 17 (Reuters) - The dollar bounced in the Asia session on Thursday after a Russian news report of mortar fire in eastern Ukraine sent investors worried about a wider war scurrying for safety.

    Russian-backed rebels accused Ukrainian forces of shelling their territory in violation of agreements aimed at ending conflict in the contested Donbass, the RIA news agency said. read more

    The euro slipped as far as 0.4% on the report, before recovering slightly to $1.1340. The risk-sensitive Australian dollar lost as much as 0.6%. The safe-haven yen rose about 0.2% to 115.24 per dollar.