(Update of market activity, prices; new signature, modification of date, old NEW YORK / LONDON) * The dollar stabilizes under the pressure of other safe havens * Gains of the Swiss franc on the dollar and euro * Delta variant fears undermine risk appetite By David Henry NEW YORK, Aug 3 (Reuters) – The US dollar stabilized on Tuesday, after losing value against the Japanese yen and to the Swiss franc, as questions about slowing US economic growth and the COVID-19 Delta variant have challenged risk appetite. The US dollar fell below 109 yen and fell as much as 0.4% for a second day before recovering half of the day’s loss to 109.1 yen. It traded against the Swiss franc as much as 0.3% lower and stabilized with a decline of 0.1% for the day. The franc also won against the euro at its highest value in nine months. “The Swiss franc and the yen are benefiting as rising coronavirus cases cloud the outlook for growth,” said Joe Manimbo, senior market strategist at Western Union Business Solutions. But moves to the safe-haven franc and yen have also come with reminders that currencies are sensitive to central bankers’ talks about pulling out bond purchases and possibly raising rates as their economies come out of the worst of times. the coronavirus pandemic. The relatively hawkish comments from central bank officials in Australia and New Zealand on Tuesday led the Australian dollar and the Kiwi dollar to big gains among major currencies. The index which measures the strength of the dollar against a basket of peers rose a hair’s breadth to 92.046 at 1902 GMT after declining slightly on Monday. Last week, the dollar lost nearly 1% as policymakers at the U.S. Federal Reserve said they expected it to be again before job growth allowed them to withdraw support for the economy. Strategists said they didn’t expect major moves in the dollar until Friday’s U.S. jobs report and perhaps not until Fed officials spoke in late August when of a central bankers’ symposium in Jackson Hole, Wyoming. The euro edged down to $ 1.1865, after losing momentum after hitting a one-month high of $ 1.1909 on Friday. The British pound gained 0.2% to $ 1.3915. On Thursday, the Bank of England will meet and may send hawkish signals about its policies amid optimism about the UK economy. The 10-year US Treasury yield slipped again early Tuesday before returning in the afternoon in New York to near Monday’s level of 1.179%. The 10-year rate has generally been on a downward trend since the end of March. Market watchers have pointed out that the decline in the 10-year yield is a sign of an upcoming disappointment in economic growth, especially with the rise of the Delta variant of COVID-19. “What is preventing the dollar from really profiting from the flight to safety is that Treasury yields continue to fall,” Manimbo said. In the United States, COVID-19 hospital admissions in Louisiana and Florida have reached a new high, although top U.S. health expert Anthony Fauci has ruled out another lockdown in the country. =================================================== ===== Currency Bid Price at 3:02 PM (1902 GMT) Description RIC Last US Close Percentage Change YTD Pct High Bid Low Bid Previous Session Change Dollar Index 92.0480 92.0440 + 0.02% 2.297 % +92.1580 +91.8920 Euro / Dollar $ 1.1872 -0.05% -2.89% + $ 1.1894 + $ 1.1854 Dollar / Yen 109.1000 109.3300 -0.21% + 5.59% +109.3350 +108.8750 Euro / Yen 129.44 129.75 -0.24% + 1.99% +129.8600 +129.1800 Dollar / Switzerland 0.9039 0.9051 -0.12% + 2.19% +0.9057 +0.9024 sterling / dollar $ 1.3915 1.3886 + 0.23% +1.87% +1.3938 $ +1.3885 dollar / canadian 1.2533 1. 2504 + 0.25% -1.56% +1.2575 +1.2491 Aussie / dollar $ 0.7396 $ 0.7363 + 0.45% -3.85% + $ 0.7408 + $ 0.7358 Euro / Switzerland 1.0724 1.0745 -0.20% -0.77% +1.0754 +1.0723 Euro / Sterling 0.8525 0.8548 -0.27% -4.61% +0.853 +0 , 8525 NZ 0.7016 $ 0.6968 + 0.67% -2.32% + $ 0.7018 +0.6966 Dollar / Dollar Dollar / Norway 8.8060 8.8275 -0.22% + 2.58% +8.8450 +8.7640 Euro / Norway 10.4511 10. 4746 -0.22% -0.15% +10.4949 +10.4143 Dollar / Sweden 8.5970 8.5967 -0.06% + 4.89% +8.6156 +8.5720 Euro / Sweden 10.2010 10.2071 -0.06% +1.24% +10.2207 +10.1871 (Report by David Henry in New York and Ritvik Carvalho in London; Additional reporting by Hideyuki Sano in Tokyo; Editing by Timothy Heritage and Marguerita Choy)