FOREX-Dollar drifts as market succumbs to holiday mode

23/12/2013 09:01 AST

The U.S. dollar, euro and yen barely budged in Asia on Monday in the absence of fresh impetus as a holiday in Japan dampened liquidity in a market already wading through thin year-end conditions.

The dollar bought 104.05 yen, drifting in a slim 103.92/104.08 range after easing back from a five-year peak of 104.64 scaled on Friday.

Equally subdued, the euro was steady at $1.3674, having climbed off a two-week trough of $1.3625 on Friday. Against the yen, the common currency stalled at 142.28 , off a five-year high of 142.90.

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Reuters

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