TOKYO , Dec. 18 -- ( Kyodo ) _ The U.S. dollar rose in the upper 102 yen zone Wednesday morning in Tokyo as a result of Japan's record goods trade deficit for November. At noon, the dollar fetched 102.97-99 yen compared with 102.62-72 yen in New York and 102.95-96 yen in Tokyo at 5 p.m. Tuesday . The euro was quoted at $1.3770-3774 and 141.81-82 yen against $1.3763-3773 and 141.19-29 yen in New York and $1.3777-3778 and 141.84-88 yen in Tokyo late Tuesday afternoon. The dollar regained some footing against the yen in early Tokyo deals after the Japanese government said the country's goods trade deficit grew to 1,292.9 billion yen in November, a record for the month. In New York overnight, the dollar was sold against the Japanese currency for position adjustment in a wait-and-see mood ahead of the result of the Federal Reserve's two-day policy meeting ending on Wednesday. Market players are awaiting an announcement from the Fed on its stimulus program, dealers said. "Reaction following the announcement of the result would not be so big, as market participants have already priced in a decision of tapering (its quantitative easing) in this meeting," said a senior dealer at a major Japanese bank.
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