Business Topics

| Jun 26, 2014

Exporters' sales drive dollar lower

The dollar eased below ¥101.80 in Tokyo trading Thursday, pressured by periodical selling by Japanese exporters ahead of the end of the month, which will also be the end of the April-June quarter. At 5 p.m., the dollar stood at ¥101.78-79, down from ¥101.90-91 ...

| Jun 24, 2014

Dollar edges higher toward ¥102

The dollar edged up to levels around ¥102 in late Tokyo trading Tuesday, before the Abe administration unveiled its updated economic growth strategy later in the day. At 5 p.m., the dollar stood at ¥101.96-97, up slightly from ¥101.87-87 at the same time Monday. ...

| Jun 23, 2014

Dollar can't hold on to early gains

The dollar gave up gains to remain below the ¥102 line in Tokyo trading Monday, weighed down by speculation about a probable correction in stock prices following recent rises. At 5 p.m., the dollar stood at ¥101.87-87, against ¥101.92-92 at the same time Friday. ...

| Jun 20, 2014

Dollar inches higher to ¥101.92

The dollar traded in a narrow range slightly below ¥102 in Tokyo trading Friday due to a lack of major incentives ahead of the weekend. At 5 p.m., the dollar stood at ¥101.92-92, up from ¥101.78-78 at the same time Thursday. The euro was ...

| Jun 19, 2014

Dollar below ¥102 on Fed stance

The dollar fell below ¥102 in Tokyo trading Thursday after U.S. Federal Reserve Chairwoman Janet Yellen sounded less hawkish than expected during a scheduled news conference. At 5 p.m., the dollar was quoted at ¥101.78-78, down from ¥102.22-22 at the same time Wednesday. The ...

| Jun 18, 2014

Dollar rises on U.S. interest rates

The dollar gained ground marginally at levels above ¥102 in Tokyo trading Wednesday on the back of a rise in U.S. long-term interest rates and stock prices, but profit-taking capped its upside. At 5 p.m., the dollar stood at ¥102.22-22, up from ¥102.03-05 at ...