TOKYO: The dollar climbed against the euro and yen in Asian trade on Wednesday as better-than-expected US manufacturing data gave the greenback a boost.
The dollar was changing hands at 80.20 yen in early Tokyo trade, compared with 80.13 yen late Tuesday in New York.
On Monday, the US unit fell to its lowest level in more than two months against the yen, trading below the psychologically important 80-yen level.
The euro on Wednesday bought $1.3217 and 105.98 yen against $1.3234 and 106.05 yen in New York.
The dollar will likely strengthen further against the yen if a US jobs report due later in the day meets market expectations, said Sumino Kamei, senior analyst at the Bank of Tokyo-Mitsubishi UFJ.
The greenback is also expected to remain steady against the euro until there is more certainty over the outcome of a presidential election in France and the economic outlook in the eurozone, including debt-hit Greece's efforts to rein in its public debt, said Stuart Ive, a senior trader at HiFX in Auckland. (AFP)
The dollar was changing hands at 80.20 yen in early Tokyo trade, compared with 80.13 yen late Tuesday in New York.
On Monday, the US unit fell to its lowest level in more than two months against the yen, trading below the psychologically important 80-yen level.
The euro on Wednesday bought $1.3217 and 105.98 yen against $1.3234 and 106.05 yen in New York.
The dollar will likely strengthen further against the yen if a US jobs report due later in the day meets market expectations, said Sumino Kamei, senior analyst at the Bank of Tokyo-Mitsubishi UFJ.
The greenback is also expected to remain steady against the euro until there is more certainty over the outcome of a presidential election in France and the economic outlook in the eurozone, including debt-hit Greece's efforts to rein in its public debt, said Stuart Ive, a senior trader at HiFX in Auckland. (AFP)