Dollar trades at lower 107 yen in early Tokyo deals
Tokyo-Japan (Oct 20) The U.S. dollar traded in the lower 107 yen zone early Monday in Tokyo , slightly higher than its level on Friday in New York .
At 9 a.m. , the dollar fetched 107.13-16 yen compared with 106.88-98 yen in New York and 106.42-43 yen in Tokyo at 5 p.m. Friday .
The euro was quoted at $1.2748-2749 and 136.57-58 yen against $1.2755-2765 and 136.32-42 yen in New York and $1.2785-2786 and 136.06-10 yen in Tokyo late Friday afternoon.
The dollar carried over its momentum from Friday, when rebounds on Wall Street and better-than-expected U.S. consumer confidence data for October led traders to buy the dollar and sell the safe-haven yen.
Source: Kyodo News