FOREX-Dollar recovers from 14-yr low vs yen

The dollar rebounded from a 14-year low against the yen on Thursday as traders betting against the U.S. currency cashed in on its recent slide, but the prospect of persistent loose U.S. monetary policy ensured overall sentiment remained bearish.

A fall of 1.7 percent in European stocks .FTEU3 and U.S. futures pointing to a lower open on Wall Street also encouraged traders to pare back positions that involve selling dollars for other currencies and assets like equities and commodities. >>