CURRENCIES: Dollar Edges Higher In Thin Trade Ahead Of Holiday
By Lisa Twaronite
The dollar edged higher against its major counterparts in Asian trading Friday, in thin trading ahead of a U.S. market holiday.
The Japanese yen "pulled back from its Asian session highs amid reports of bargain hunting in the crosses following reserve management interest," said currency strategists at Action Economics.
U.S. markets will be closed for Independence Day.
The dollar traded at 95.99 yen, up from 95.88 yen in late North American trading Thursday.
The euro bought $1.4017, down from $1.4027 late Thursday.
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=%2BrFuX7rOcZgXqFaF7hQljA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
July 03, 2009 03:48 ET (07:48 GMT)
Copyright 2009 Dow Jones & Company, Inc.
By Lisa Twaronite
The dollar edged higher against its major counterparts in Asian trading Friday, in thin trading ahead of a U.S. market holiday.
The Japanese yen "pulled back from its Asian session highs amid reports of bargain hunting in the crosses following reserve management interest," said currency strategists at Action Economics.
U.S. markets will be closed for Independence Day.
The dollar traded at 95.99 yen, up from 95.88 yen in late North American trading Thursday.
The euro bought $1.4017, down from $1.4027 late Thursday.
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=%2BrFuX7rOcZgXqFaF7hQljA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
July 03, 2009 03:48 ET (07:48 GMT)
Copyright 2009 Dow Jones & Company, Inc.
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