Yen edges up in Asia ahead of US employment numbers

In afternoon Tokyo trade, the U.S. dollar weakened to 90.81 yen against 91.05 yen in New York on Wednesday, while the euro bought 123.21 yen from 123.54 yen.

The single currency was virtually unchanged at US$1.3567.

The U.S. dollar was mixed against other Asia-Pacific currencies, rising to SG1.2391 from SG1.2350 on Wednesday and to 1,089.30 South Korean won from 1,082.20 won.

The greenback weakened to 40.65 Philippine pesos from 40.66 pesos, to 53.14 Indian rupees from 53.49 rupees and to 9,740 Indonesian rupiah from 9,760 rupiah.

The Australian dollar bought US$1.0393 from US$1.0469, while China's yuan fetched 14.60 yen against 14.56 yen.

“Players are sidelined looking for fresh elements to trade,” said Teppei Ino, currency analyst at the Bank of Tokyo-Mitsubishi UFJ.

“They have also refrained from taking long positions ahead of U.S. payroll figures,” scheduled for Friday, he added.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Oil prices below US$98 ahead of US jobs data

NEXT ARTICLE
HK, China shares end strong Jan. weakly

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit