Safe-Haven Currencies Fall On Hopes For Easing In Ukraine Tensions
(Reuters) - The safe-haven Japanese yen fell back on Friday and risk-sensitive currencies like the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.
The euro edged higher versus a weaker dollar.
The yen and rival safe-haven, the Swiss franc, have gained this week as investors sought safety amid rising tensiona on the Ukrainian border, where more than 100,000 Russian troops are massed.
Western powers say Russia is looking for a pretext to invade, a charge Moscow rejects.
The improvement in sentiment on Friday came after U.S. State Department said late on Thursday that Secretary of State Antony Blinken had accepted an invitation to meet with Russian Foreign Minister Sergei Lavrov late next week provided Russia does not invade Ukraine.
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This provided some relief after a jittery Thursday following exchanges of fire between Kyiv's forces and pro-Russian separatists.