Dollar trades in upper 112 yen range after Fed maintains rate hike forecasts
Xinhua,December 14, 2017 Adjust font size:
TOKYO, Dec. 14 (Xinhua) -- The U.S. dollar traded in the upper 112 yen range Thursday morning in Tokyo after the U.S. Federal Reserve kept its interest rate hike forecasts for 2018 and 2019.
As of midday here, the dollar was quoted at 112.67-68 yen compared with 112.49-59 yen in New York and 113.43-44 yen at 5 p.m. on Wednesday in Tokyo.
The euro, meanwhile, fetched 1.1831-1835 dollars and 133.30-32 yen against 1.1820-1830 dollars and 133.03-13 yen in New York and 1.1738-1739 dollars and 133.15-19 yen in late Wednesday afternoon trade in Tokyo. Enditem