Yen rises in Asian trade
Friday, 14 March 2014
The yen rose in Asia Friday, extending gains in New York on concerns about China's economy and the Ukraine crisis, while the euro fell after the head of Europe's Central Bank pledged to take action to fight deflation. The dollar fell to 101.73 yen from 101.85 yen late in New York and well below 102.73 yen in Tokyo earlier Thursday and the euro 141.14 yen against 141.28 yen and 142.81 Thursday in Tokyo. The single currency also eased to $1.3860, from $1.3870 -- after touching a 29-month high of 1.3967 at one point in the previous session, according to AFP.