Late Thursday deals came amid a lack of economic data, and the markets are waiting to witness an influx of data in the European session.
The key releases in the European session include the Swiss consumer price index for May, the German retail sales for April and the Euro-zone unemployment rate for April.
However, markets will be keenly waiting for the U.S. non-farm pay rolls for May expected at 8:30 am ET on Friday. Other key U.S. releases slated for release on Friday include April personal income and spending, May unemployment and April pending home sales.
The yen saw choppy trading against the dollar in the evening deals on Thursday in New York. At about 8:15 pm ET, the Japanese currency lost ground against the greenback and moving from 121.68, the pair traded near 121.86 lately. Broadly speaking, after hitting a 3-month low on 22nd May, the pair has been holding steady.
The Japanese currency traded in a wide range against the euro during the initial hours in late New York trading on Thursday. The pair bounced between 163.71 and 163.81 in this session, but it moved out of the range at about 9:00 pm ET. From the range, the pair weakened to 163.86 by about 9:50 pm, but it rebounded briefly, thereafter. However, of late, the yen has weakened again, taking the current values to around 163.9. Largely, after setting a new multi-year low by mid-May, the pair moved sideways between 162.18 and 164.28.
In late New York afternoon on Thursday, the Japanese yen ticked down against the pound, but the pair rebounded from 5:55 pm ET. Moving from 241.13, the pair collected as high as 240.86 at about 8:40 pm, but thereafter, it weakened again. Of late, the pair has been trading near 241.2. Largely, after registering a 4-month low around 241.68 on May 22nd, the pair has improved slightly.
The Japanese currency saw directionless trading against the Swiss franc during the initial hours in late New York trading on Thursday. However, by about 8:15 pm, the yen slipped from the range, and fetched as low as 99.41 at about 9:40 pm ET. Thereafter, the Japanese unit trended higher slightly, but has given back those gains, lately. Largely, the pair has given back its gains collected in the second week of May, towards the last week of the month.
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