Even though Americans can't travel to Japan for vacationing or for much else, we're in a new month and it is time to see how the U.S. dollar is faring with the Japanese yen in Tokyo foreign exchange trading.
According to The Japan Times:
The dollar rose to around ¥104.70 in lackluster Tokyo trading Monday, amid a wait-and-see mood ahead of the release of key U.S. economic data.
At 5 p.m., the dollar stood at ¥104.74, up from ¥104.54 at the same time Friday. The euro was at $1.2127, up from $1.2104, and at ¥127.02, up from ¥126.54.
After moving around ¥104.80 in early trading, the dollar slipped to around ¥104.60 later in the morning, hit by real demand-backed selling.
To read more, go here.
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