Home >News Updates >Financial News >Foreign Exchange
USD Rangebound in Upper 105 Yen Zone amid Lack of Fresh Cues

The U.S. dollar remained rangebound in the upper 105 yen zone in Tokyo on Wednesday, with market players refraining from making bold moves amid a lack of fresh trading cues.

The U.S. dollar was quoted at 105.73-75 yen at 5:00 p.m. local time, compared with 105.70-80 yen in New York and 105.73-75 yen at 5:00 p.m. local time on Tuesday in Tokyo.

During the day, it tracked between 105.65 yen and 105.89 yen, trading most often at the 105.79 yen mark.

The euro, meanwhile, fetched 1.1092-1094 U.S. dollars and 117.28-32 yen against 1.1084-1094 U.S. dollars and 117.22-32 yen in New York, and 1.1109-1110 U.S. dollars and 117.46-50 yen in late Tuesday afternoon trade in Tokyo.

(www.chinaview.cn 2019-08-29)