On Monday in Asian trade, the dollar was slightly higher against the yen as the dollar failed to keep revenues from mid-morning shopping on the background of the lack of fresh trading signals.
The US dollar was trading at ¥ 120.43 from the previous value of its ¥ 120.55. This compares with the cost of ¥ 120.33 in the late afternoon on Friday in Tokyo.
See also: Americans are significantly poorer.
With the reduction in the volume of trade by the end of the year in Japan, the dollar reached intra-day peak in mid-morning trading, presumably due to demand from Japanese importers and institutional investors.
"The dollar lacks clear direction," - said a Japanese brokerage house analyst. - But the dollar did not fall as this previously feared. "
"Given the lack of fresh trading signals, it is difficult to assume further sales of the dollar", - said the analyst.
The US currency was weaker against the euro since dropped to $ 1.0972 from $ 1.0965 as it was on Friday.Against the yen, the single currency rose to ¥ 132.15 from ¥ 132.08.