On Thursday, the evergreen buck was almost flat against the Japanese yen and the common currency in holiday-thinned Asian trade, with the US dollar lacking clear direction given there’re not many players in the market ahead of the holiday season.
The currency pair USD/JPY was trading at ¥117.66, compared with Wednesday’s outcome of ¥117.56 in New York. EUR/USD managed to earn moderately rising to $1.0435 from $1.0425, achieved late on Wednesday.
The WSJ Dollar Index BUXX, gauging the US dollar against a basket of key currencies, surged 0.01%, showing 93.25.
With a three-day weekend in Japan coming up, greenback trade related to commercial transaction settlements by Japanese traders, including importers and exporters, emerged earlier in the morning trading session. However, the greenback moved just moderately for the rest of the trading session. Japanese government offices as well as financial markets will be unavailable on Friday because of the Emperor’s Birthday.
