INQUIRER.net: Dollar edges up amid speculation about US economy

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Dollar edges up amid speculation about US economy Sep 2nd 2013, 02:21 TOKYO – The dollar edged up on Monday as trading remained cautious amid speculation about the timing of an end to massive US stimulus plans. The dollar gained to 98.49 yen in morning Asian trade from 98.16 late Friday in New York. The euro bought $1.3202, down from $1.3218, while the single currency was trading at 130.09 yen against 129.82 yen. US financial markets are closed Monday for the Labor Day federal holiday. "The market is paying more attention to US economic indicators than Syria," said Daisuke Karakama, market economist at Mizuho Bank's forex division. "Especially, the market is focusing on US jobless figures to be released on Friday, ahead of the upcoming FOM... Keep on reading: Dollar edges up amid speculation about US economy

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