The greenback traded 0.3 percent from the weakest in seven weeks versus the yen before Federal Reserve Chair Janet Yellen testifies to U.S.
Reuters reports that earnings from U.S. technology companies will take center stage next week, and possibly give investors new opportunities to invest in this sector.
Whiting Petroleum Corporation on Sunday said it would buy Kodiak Oil & Gas Corporation for $3.8 billion in stock, and assume $2.2 billion of Kodiak's debt.
The Swiss maker of Lindt chocolate is closing in on a deal to acquire Russell Stover Candies, the storied American boxed-chocolate maker, according to a person briefed on the matter.
What goes up must come down. That principle seems to be coming true for Samsung Electronics, the world's top cellphone maker, whose profit is falling in part because of pressure from its price-cutting rivals in China.