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Home International Markets

Dollar remains weak against Japanese yen in Asian trade

byCustoms Today Report
04/02/2015
in International Markets
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MUMBAI: The US dollar stayed weak against the Japanese yen in see-saw Asian trading amid falling stocks and Greek debt-deal worries sparking risk-off sentiments.

Currently, the USD/JPY traded at 117.30 levels, down 0.21% on the day, retreating from daily highs previously posted at 117.63 levels. The yen regained strength versus the greenback after a weak US manufacturing and consumer confidence data released in the last US session. Moreover, reducing risk appetite as markets remain jittery over Greece developments also boosted the safe haven appeal in yen

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