The U.S. dollar rose slightly against the major currencies in Asian trade yesterday as investors awaited a speech by the U.S. Federal Reserve chief while monitoring the lingering Greek debt crisis.
The euro fell to US$1.3471 in Tokyo afternoon trade from US$1.3487 in New York late Monday, but firmed to 124.81 yen from 124.58 yen. The U.S. dollar edged up to 92.61 yen from 92.42 yen in New York.
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US dollar edges higher in Asia
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The currency rollercoaster continues, as worries over Greece’s massive debt problems drive the dollar up against the euro and the euro down significantly against all pairs.
The dollar rose by 0.68% against the euro to 1.3558, but fell 0.3% against the yen and 0.14% against the pound. The dollar was up by 0.12% against the CAD. The dollar index as a whole is up by 0.37%.
The euro dropped almost by a full percentage point against the yen, down to 125.99. It also fell by 0.56% against the CAD and 0.82% against the pound.
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Currency: Dollar Up, Euro Down On More Greek Worry
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