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The Financial Express

Dollar holds steady in thin trading, yen little changed

| Updated: December 27, 2017 11:25:44


File Photo (Collected) File Photo (Collected)

The dollar held steady in Tuesday’s holiday-thinned trade, shrugging off upbeat Japanese economic data as market participants pondered about next year’s potential catalysts.

Markets in Australia and Hong Kong remained closed after Monday’s Christmas holiday, and many financial centers in Europe will also be shut on Tuesday.

The euro inched down 0.1 per cent to $1.1869 EUR=, reports Reuters.

The dollar index, which tracks the greenback against a basket of six major rivals, edged down slightly to 93.278.DXY.

Bitcoin extended its gains, and was last up 10.5 per cent at $15,375.83 BTC=BTSP on the Luxembourg-based Bitstamp exchange.

The volatile cryptocurrency fell nearly 30 per cent at one stage on Friday.

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