time friday: The euro was at 1.1231-1231, down from 1.1267-1267, and at 121.68-68, down from 121.74-75. ; The dollar moved around 108.50 in early trading, carrying over its strength in overseas trading brought on by a better than expected U.S. government jobs report, traders said, according to The Japan Times. The greenback gradually cut early gains later and temporarily fell below 108.30 in the afternoon, weighed down by falls in Tokyo and other Asian stocks, traders said. At 5.p.m., the dollar stood at 108.33-33, up from 108.05-05 at the same time Friday. The dollar moved directionlessly in late trading amid a dearth of trading incentives. The dollar became top-heavy around 108.50 due to selling on a rally, the official said. Geopolitical risks arising from heightened tensions over Iran prompted investors to avoid risks and sell the dollar against the yen in the afternoon, an official of a foreign securities firm said.
(news.financializer.com). As
reported in the news.
Tagged under time friday, asian stocks topics.