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Dollar hovers in upper 106 yen amid easing geopolitical concerns

The U.S. dollar hovered in the upper 106 yen zone Thursday in Tokyo amid easing concerns over the Korean Peninsula issue.


At 5:00 p.m., the dollar was quoted at 106.57-58 yen compared with 106.80-90 yen in New York and 105.46-48 yen in Tokyo at 5:00 p.m. Wednesday. It moved between 106.38 yen and 106.93 yen during the day.


The euro was quoted at 1.2309-2310 dollars and 131.18-22 yen against 1.2304-2314 dollars and 131.43-53 yen in New York and 1.2398-2399 dollars and 130.75-79 yen in Tokyo late Wednesday afternoon.

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