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DOLLAR FALLS AS YELLEN SAYS ECONOMY STILL NEEDS FEDâS STIMULUS

The dollar fell the most in three weeks as Federal Reserve chairman nominee Janet Yellen said the economy must improve before monetary stimulus can be trimmed.

YELLEN SAYS ECONOMY PERFORMING âFAR SHORTâ OF POTENTIAL

Janet Yellen, nominated to be the next chairman of the Federal Reserve, signaled she will carry on the central bankâs unprecedented stimulus until she sees improvement in an economy thatâs operating well below potential.

TREASURY 10-YEAR NOTES LITTLE CHANGED BEFORE YELLEN FED HEARING

Treasury 10-year notes were little changed from yesterdayâs gain, the biggest in three weeks, as investors weighed the timing of a cut in stimulus before Janet Yellen faces a confirmation hearing to lead the Federal Reserve.

POUND HOLDS ADVANCE VERSUS EURO BEFORE U.K. RETAIL-SALES REPORT

The pound held gains from yesterday versus the euro before a government report that economists said will show U.K. retail sales stagnated in October.

EURO RECOVERY WANES AS GERMANY SLOWS AND FRANCE CONTRACTS

Germanyâs economy lost momentum in the third quarter while France and Italy contracted, adding to evidence that the euro regionâs recovery is flagging.

BANK OF KOREA HOLDS RATE FOR SIXTH MONTH TO SUPPORT GROWTH

The Bank of Korea kept its benchmark interest rate unchanged for a sixth straight month, as 14-year-low inflation provides room to support growth against risks from currency volatility.

TAIWAN RESTRICTS CHINESE INVESTMENT AMID TRADE PACT REVIEW

Taiwan announced stricter rules for investment projects by Chinese companies as President Ma Ying-jeou seeks to overcome lawmaker resistance to legislation that would boost economic ties with China.

BRAZILIAN SWAP RATES DROP ON RETAIL SALES REPORT; REAL WEAKENS

Brazilâs swap rates declined as a report showed retail sales rose less than forecast in September, adding to speculation that the central bank will limit increases in borrowing costs.

CANADIAN DOLLAR RALLIES FROM TWO-MONTH LOW ON CENTRAL-BANK BETS

Canadaâs dollar rebounded from almost the weakest level in two months on speculation the Canadian economic recovery is gathering steam and Federal Reserve policy makers will prolong its bond purchases.

YEN FALLS ON STOCK GAINS AS SLOWING GROWTH FANS BOJ EASING BETS

The yen weakened against all of its major peers as Asian stocks gained and after data showed Japanâs growth slowed in the third quarter, adding to the case for the central bank to boost stimulus.