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Dollar lower against yen

Dollar lower against yen

The dollar edged lower against the yen in Asian trade yesterday, as investors waited for weekly U.S. jobless claims data to give further clues about the strength of the world’s biggest economy.
The dollar stood at 83.75 yen in Tokyo afternoon trade compared with US$83.92 in New York Wednesday.
The greenback on Wednesday touched 83.33, its lowest level since May 1995, in Tokyo.
The euro dropped to US$1.2695, off an intraday high of US$1.2741 and US$1.2718 in New York, while also easing to 106.28 yen from 106.73. Sentiment was boosted by news that the Portuguese government had successfully issued bonds.
In Asian trade, the Singaporean currency traded briefly at a new peak of 1.3407 to the greenback, compared with 1.3444 late Wednesday. It later eased to 1.3425. The dollar slipped against other Asian currencies.
It fell to 30.83 Thai baht from 31.06 Wednesday, to 1,169.80 South Korean won from 1,172.80 and to 8,970.00 Indonesian rupiah from 9,002.50.
The greenback also fell to 44.08 Philippine pesos from 44.40 and to NT$31.90 from NT$31.97.


Updated : 2021-01-16 23:53 GMT+08:00