The U.S. dollar traded narrowly in the upper
At noon, the dollar fetched
The euro was quoted at
The dollar recovered some of its lost ground in the morning after falling about half a yen overnight on weaker-than-expected U.S. economic data and worries over rising tension in
The U.S. government data showed Thursday that retail sales increased 0.3 percent in May, undershooting the market consensus of a 0.6 percent rise, and initial claims for state unemployment benefits rose a more-than-expected 4,000 to a seasonally adjusted 317,000 last week.
Trading was slow in
The euro was also stuck around the
Dealers said the policy decision was widely expected and market attention was on how BOJ Governor
Kuroda has expressed confidence in achieving the BOJ's 2 percent inflation target, leading some investors to scale back expectations for further monetary easing, providing support to the yen, said
"With (Japanese) economic data for April and May not painting a pessimistic future, it is hard to imagine that
Most Popular Stories
- Fantasy Football Gambling Industry Facing Increased Legal Scrutiny
- Obama Promoting Economic Gains As Elections Near
- As States Legalize Pot, Will Traffic Deaths Rise?
- 'Guardians of the Galaxy' Conquers the North American Box Office with $16.3M
- GE Capital and Petters-Related Fund in Legal Battle
- NATO Plans High-Readiness Force to Counter Russia
- California Conservation Conundrum: Water Use Varies Greatly Across State
- Combating Online Abuse Not Easy for Gamers
- Even With Surly 2014 Electorate, It's 'Still an Incumbent's World'
- Feds Want Nuclear Waste Train, but Nowhere to Go