Reuters
FOREX-Dollar, yen on back foot as risk sentiment revives; Musk buoys bitcoin
* Risk appetite returns as strong earnings lift Wall Street * Euro firmer against dollar ahead of ECB policy decision * Musk hints Tesla will accept bitcoin as payment again By Kevin Buckland TOKYO, July 22 (Reuters) – The safe-harbour U.S. dollar and yen were on the back foot on Thursday, after pulling back from multi-month highs amid a recovery in risk appetite as strong earnings lifted Wall Street stocks. Cryptocurrencies held gains after Tesla Inc CEO Elon Musk said the company would “most likely” resume accepting bitcoin for payment. The dollar index, which measures the currency against six major peers, stood at 92.770 after pulling back from a 3 1/2-month high of 93.194 touched on Wednesday.
