South Korea39;s Yoon lifts martial law, honors parliamentary vote
US dollar trims losses vs yen after JOLTS report
China39;s yuan falls vs dollar on tariff uncertainty
Fed officials steer clear of giving December rate guidance
NEW YORK, Dec 3 Reuters The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging protection against further price swings, with some market participants noting that the crisis could be nearing the end.
The South Korean won, meanwhile, was one of the biggest movers, plunging against the U.S. dollar to a more than twoyear low after South Korean President Yoon Suk Yeol declared martial law in an unannounced latenight address on television.
But the won recouped some of its losses later on Tuesday after Yoon said he would move to lift martial law he had imposed just hours before. Yoon39;s martial law declaration was unanimously voted down by 190 lawmakers in parliament, with his own party urging him to lift the decree.
The dollar, on the other hand, briefly rose after data showed U.S. job openings increased moderately in October while layoffs declined, even as Federal Reserve officials on Tuesday did not provide definitive guidance on what they intend to do at their policy meeting later this month.
With political tension in South Korea partly easing, investors focused on one of the major stories hobbling the euro zone French politics.
French Prime Minister Michel Barnier faces…