Dollar trades in lower 113 yen range on higher Treasury yields

TOKYO, Dec. 26 (Xinhua) -- The U.S. dollar traded in the lower 113 yen range Tuesday morning, bolstered by long-term U.S. Treasury yields increasing, which caused the yen to be sold.

At midday, the dollar was quoted at 113.31-32 yen compared with 113.24-26 yen in Tokyo at 5:00 p.m. on Monday.

The euro, meanwhile, fetched 1.1871-1872 dollars and 134.52-56 yen against 1.1875-1876 dollars and 134.48-52 yen in late Monday afternoon trade in Tokyo.

Financial markets in New York and London were closed on Monday for the Christmas holiday. Enditem