LONDON: The dollar traded in the lower 124 yen zone in Tokyo on Friday morning, little changed from levels in New York overnight.
At 9 a.m., the dollar fetched 124.39-40 yen compared with 124.32-42 yen in New York and 124.28-30 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted at $1.1208-1209 and 139.41-44 yen against $1.1233-1243 and 139.74-84 yen in New York and $1.1259-1260 and 139.93-97 yen in Tokyo late Thursday afternoon.
In New York, the dollar took the upper hand against the yen on hopes of improvement in the U.S. labor market following fewer-than-expected weekly initial claims for unemployment benefits, dealers said.
