On Monday, the US dollar declined against the Japanese yen, edging down after US Treasury yields sank on mixed economic data.
Trading was subdued with many major markets unavailable on Monday due to the Christmas holidays.
The evergreen buck dropped 0.2%, being worth 117.300 yen. As for the common currency, it was steady at $1.0457.
Currencies took stock of the American debt market, that saw the benchmark 10-year note yield concluded lower on Friday.
The yield rebounded from 27-month highs achieved mid-month, following Friday’s issue of American economic indicators, which included sturdy housing as well as consumer confidence data, though also numbers, which pointed to slower household income.
By the way, the previous week, US President-elect Donald Trump named economist Peter Navarro, also dubbed China hawk, to head a newly organized White House National Trade Council.
