Nikkei Stock: Dollar and Market Participants

nikkei stock: The euro was at 1.2155-2155, up from 1.2104-2104, and at 126.08-09, up from 125.88-88. ; After fluctuating around 103.90 in early trading on dollar buying by Japanese importers for settlement purposes, the dollar fell to around 103.70 later in the morning as the Nikkei stock average turned lower, according to The Japan Times. The U.S. currency moved narrowly around 103.70-80 in the afternoon amid an absence of fresh trading incentives. At 5 p.m., the dollar stood at 103.73-74, down from 104.00-04 at the same time Tuesday. Market participants are waiting to hear what Biden has to say on U.S.-China ties in his inauguration speech, a currency broker said. But the impact of her remark was limited on the dollar-yen sector because it gave little surprise to currency market players, market sources said. In a U.S. Senate confirmation hearing Tuesday, Treasury Secretary nominee Janet Yellen showed her readiness to launch large-scale fiscal measures. ( As reported in the news.

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