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Forex Market Update
The dollar was higher against the yen in Asian trade Monday, with short covering and dip-buying kicking in to lift the greenback after it hit a two-week low.
The dollar USDJPY, +0.05% was up to ¥117.68 compared with ¥117.41 late Friday in New York.
Among other currency pairs, the euro EURUSD, +0.17% was at $1.1304 from $1.1300 and was at EURJPY, +0.23% ¥133.13 from ¥132.69.
The WSJ Dollar Index BUXX, -0.02% a measure of the dollar against a basket of major currencies, was down 0.05% at 85.89.
The dollar USDJPY, +0.05% was up to ¥117.68 compared with ¥117.41 late Friday in New York.
Among other currency pairs, the euro EURUSD, +0.17% was at $1.1304 from $1.1300 and was at EURJPY, +0.23% ¥133.13 from ¥132.69.
The WSJ Dollar Index BUXX, -0.02% a measure of the dollar against a basket of major currencies, was down 0.05% at 85.89.
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