The dollar gave back some of its recent gains. EUR-USD has recouped the 1.0900 level during Asian trade after leaving a one-month low at 1.0863 yesterday. The pair has fallen some 4% in seven of the last eight trading days after making a three-month peak 1.1486 on May-15. USD-JPY has dipped back under 123.00 as the dollar corrected after yesterday's surge to an eight-year peak of 123.32 on the nominal price chart. BoJ deputy governor Iwata said today that he sees no need for further easing, which is the same message being delivered by his boss Kuroda of late.
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