The dollar was unchanged against the yen and the euro in range-bound Asian trade Tuesday, as investors remained reluctant to make major bets given the lack of fresh trading cues.
The greenback USDJPY, +0.12% was at ¥119.49, unchanged from late Monday in New York.
Given there no fresh incentives during the Asian to give the currency market momentum, investors were watching the Tokyo stock market’s performance. But the benchmark stock market NIK, +0.42% rose only a moderate 0.4% as of midday, causing the dollar to move in a straightjacketed range between ¥119.45 and ¥119.55.
