May 27, 2014

Dollar loses strength to ¥101.76

The dollar was weaker Tuesday in Tokyo, with a wait-and-see mood growing in the absence of fresh trading incentives. At 5 p.m., the dollar stood at ¥101.76-77, down from ¥101.92-92 at the same time Monday. The euro was at $1.3646-3648, up from $1.3640-3642, and ...

May 26, 2014

Dollar top-heavy around ¥101.90

The dollar was firmer above ¥101.90 in Tokyo trading Monday following a rise in Tokyo stock prices, but it failed to extend its gains due to a lack of additional positive factors. At 5 p.m., the dollar stood at ¥101.92-92, up from ¥101.71-72 at ...

May 23, 2014

Greenback climbs past ¥101.70

The dollar firmed above ¥101.70 in Tokyo trading Friday as dollar purchases continued to came in thanks to risk appetite among investors. At 5 p.m., the dollar was quoted at ¥101.71-72, up from ¥101.54-55 at the same time Thursday. The euro stood at $1.3644-3646, ...

May 22, 2014

Dollar climbs back over ¥101.50

The dollar rose above ¥101.50 in Tokyo on Thursday, backed by increasing risk appetite among investors reflecting a stronger-than-expected Chinese economic indicator. At 5 p.m., the dollar was quoted at ¥101.54-55, up from ¥100.94-96 at the same time Wednesday. The euro was at $1.3679-3682, ...

May 22, 2014

Nikkei logs strong rebound on massive buybacks

Stocks bounced back sharply Thursday, buoyed by massive buybacks following a strong Chinese economic indicator. The Nikkei 225 average ended up 295.62 points, or 2.11 percent, at 14,337.79. On Wednesday, the key market gauge sagged 33.08 points. The Topix climbed 19.29 points, or 1.68 ...

May 21, 2014

Dollar falls below ¥101 threshold

The dollar fell below ¥101 for the first time in about 3½ months in Tokyo trading Wednesday, as Bank of Japan Gov. Haruhiko Kuroda poured cold water on speculation of additional monetary easing measures. At 5 p.m., the dollar was quoted at ¥100.94-96, down ...

May 20, 2014

Greenback drifts slightly lower

The dollar was slightly easier below ¥101.40 in Tokyo trading Tuesday, while its downside was supported by purchases reflecting higher stock prices. At 5 p.m., the dollar was quoted at ¥101.38-39, down from ¥101.41-42 at the same time Monday. The euro stood at $1.3694-3695, ...

May 19, 2014

Dollar drops below ¥101.50 line

The dollar fell below ¥101.50 in Tokyo trading Monday as weaker stock prices rekindled a risk-averse mood in financial markets. At 5 p.m., the dollar was quoted at ¥101.41-42, down from ¥101.56-58 at the same time Friday. The euro stood at $1.3716-3718, against $1.3718-3720, ...

May 16, 2014

Dollar weakens to 101.50 level

The dollar was weaker around ¥101.50 in Tokyo trading Friday, weighed down by sluggish Tokyo stocks. At 5 p.m., the dollar stood at ¥101.56-58, down from ¥102.02-02 at the same time Thursday. The euro was at $1.3718-3720, up from $1.3672-3673, and at ¥139.34-36, down ...

May 15, 2014

Dollar barely remains above ¥102

The dollar barely managed to stay above ¥102 in late Tokyo trading Thursday after hovering just below that level earlier in the day, as solid Japanese gross domestic product data for January-March failed to set a clear trend. At 5 p.m., the dollar stood ...

May 14, 2014

Greenback inches slightly lower

The dollar moved in a very narrow range in Tokyo trading Wednesday due to a lack of major fresh incentives, while the euro dropped amid growing expectations for additional monetary easing by the European Central Bank. At 5 p.m., the dollar stood at ¥102.10-11, ...

May 12, 2014

Dollar touches ¥102 on trade data

The dollar briefly rose above ¥102 in Tokyo trading Monday, backed by data showing Japan logged its smallest current account surplus on record in March, but its topside was limited due partly to caution over tensions in Ukraine. At 5 p.m., the dollar stood ...