LONDON, Aug 10: The yen continued to strengthen across the board on Wednesday, boosted by prospects of stronger growth in Japan, while the dollar pushed back up against the euro ahead of a release of US retail sales figures.
The euro slipped to $1.2346 in European trading from 1.2367 late on Tuesday in New York.
The dollar stood at 110.71 yen from 111.93 on Tuesday.
On Tuesday, the Japanese government upgraded its growth assessment in its August report, declaring that the economy had come out of a prolonged soft patch, while recent economic data had been strong and political worries have become less of a concern to the market, analysts said.
On the London Bullion Market, the price of an ounce of gold stood at $436.55 against $433.30 late on Tuesday.—AFP
