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Dollar stays in upper 88 yen on absent fresh incentives, weak sentiment.

Publication: Japan Weekly Monitor
Publication Date: 12-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Oct. 7 Kyodo

The U.S. dollar stayed in the upper 88 yen zone Wednesday morning in Tokyo amid lack of fresh trading cues, with market participants expecting the dollar to remain bearish.

At noon, the dollar fetched 88.90-94 yen versus 88.78-88 yen in New York and 89.26-28 yen...

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