Forex Market Update

The dollar lost ground against the yen Thursday, but traded higher against the euro after falling for most of the past week.

The dollar USDJPY, -0.02%  was down at ¥119.20 from ¥119.50 late Tuesday.

Meanwhile, the euro EURUSD, +0.02%  bought $1.0875, down from $1.0971 late Wednesday in New York, after gaining ground earlier Thursday against the dollar. The ICE U.S. Dollar Index DXY, -0.05% which gauges the dollar’s strength against six other currencies, was flat at 97.4040.