The US dollar was little changed against the yen after breaching the 110 yen level earlier on the back of the second straight day of declines in oil prices, dealers said.
They expect the dollar/yen to be rangebound, ahead of the release of US July durable-goods spending data tomorrow, revised second-quarter US gross domestic product (GDP) data on Friday as well as a slew of economic numbers from Japan.
As for the euro, it was higher in Singapore, rebounding from overnight lows that were triggered by selling in the euro/yen, as oil prices eased and as market sentiment for the dollar improved, ahead of the release of US economic indicators.
At 6.25 a.m. (Irish time), the dollar stood at 109.93 yen, little changed from the 109.92 level in Tokyo, after moving between 109.76-110.07 earlier.
The euro stood at €1.2147 against the dollar, higher than the €1.2135 level in Tokyo, off an earlier low of €1.2119 and a high of €1.2155.
AFP