Economic news

Dollar climbs vs yen after solid U.S. jobs data

The dollar advanced versus the yen on Monday after the fresh U.S. jobs data, though uncertainty over possible political risks kept the currency’s near-term forecast questionable.

Photo: Reuters

The greenback inched up 0.15 percent to 109.660 yen following a surge of 0.6 percent in the previous session.

The dollar index dipped 0.15 percent to 94.029 after rising near 0.2 percent on Friday.

The euro edged 0.2 percent higher to $1.1685, recovering the part of Friday’s declines.

The Aussie gained 0.4 percent to $0.7599 on an upbeat domestic data showing impressive company earnings and an increase in retail sales. The New Zealand dollar advanced 0.2 percent to $0.7004.

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