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Dollar Eases as Yen Firm on Japan Equity Rally

Economy

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Singapore, February 11 (QNA) - The US dollar weakened on Wednesday, while the Japanese yen maintained its recent gains, buoyed by a rally in Japanese equities and investor expectations that Prime Minister Sanae Takaichi's landslide victory would bolster her fiscal policy agenda.

The yen rose 0.1% to 154.22 per dollar, extending gains from the previous session when it climbed around 1% and advanced against other major currencies.

The euro edged up 0.04% to $1.1899, while the pound sterling firmed to $1.3646.

The dollar index, which tracks the US currency against a basket of major peers, slipped 0.12% to 96.80. (QNA)

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