TOKYO: The dollar lost ground in Asian trade Wednesday following the Bank of Japan's latest easing measures and a massive storm in North America which may boost US President Barack Obama's...
By
AFP
|
October 31, 2012
TOKYO: The dollar lost ground in Asian trade Wednesday following the Bank of Japan's latest easing measures and a massive storm in North America which may boost US President Barack Obama's re-election chances.
The greenback bought 79.54 yen in Tokyo morning trade against 79.61 yen in New York late Tuesday, an unexpected boost for the yen following the BoJ's latest stimulus, which would generally weigh on the unit. The euro, meanwhile, was mixed at $1.2962 and 103.14 yen against $1.2959 and 103.18 yen in US trade.