Do repost and rate:
By Alun John and Tom Westbrook LONDON/SYDNEY (Reuters) – The dollar took a pause on Tuesday in what has been a relentless climb higher as under-fire sterling as well as the euro and Japanese yen recovered some ground from multi-year lows, but medium-term fundamentals were still in the greenback’s favour. Sterling climbed over 1% to $1.0810, on track for its biggest daily percentage gain in nearly seven weeks, the euro rose 0.2% to $0.9629, and the dollar slid 0.3% against the yen to 144.28. The decline in the dollar was broadly in line with a recovery in markets’ sentiment towards riskier asse…
