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According to Bloomberg, the US currency was lower against the yen for the second consecutive day - despite climbing close to an eight-week high at the start of trading yesterday.
The greenback had fallen to 91.21 yen at 07:50 GMT in London from 91.54 yen in New York on Wednesday.
Akio Yoshino of Societe Generale Asset Management (Japan) explained to the news source that "the dollar may succumb to selling pressure as the excessive optimism about interest rates in the US weakens".
The analyst noted that the market moved "too fast and too far" when anticipating that the Fed will put interest rates up.
Against the euro, the dollar was priced at $1.4365 having yesterday come close to a three month high thanks to positive news regarding existing homes sales in the US.
Posted by Greg Secker
