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The dollar was flat against the yen in Asia trade Monday, with profit taking kicking in to erase some of the greenback’s weekend gains after upbeat U.S. jobs data.
The dollar USDJPY, -0.13% was down to ¥118.85 compared with ¥118.83 late Friday in New York.
The euro EURUSD, +0.10% was at $1.1332 from $1.1320 and at EURJPY, -0.01% ¥134.70 from ¥134.50.
The WSJ Dollar Index BUXX, -0.05% , a measure of the dollar against a basket of major currencies, was down 0.01% at 85.71.
Here are the latest trading levels for Asia's major stock markets:
Tokyo (Nikkei Average NIK, +0.23% ) up 0.3%
Hong Kong (Hang Seng Index HSI, -0.46% ) down 0.4%
Shanghai (Shanghai Composite Index SHCOMP, +0.30% ) up 0.3% (at break)
Sydney (S&P/ASX 200 XJO, -0.50% ) down 0.6%
Seoul (Kospi SEU, -0.29% ) down 0.2%
Mumbai (Sensex 1, -0.88% ) down 0.5%
Taipei (Taiex Y9999, -0.33% ) down 0.2%
Most Asian markets slipped Monday after another batch of poor Chinese data added to fears about the Asian economic giant, while a strong US jobs report fuelled expectations the Federal Reserve will bring forward an interest rate hike.
Oil prices advanced after last week enjoying their best weekly gains in four years, while traders are watching events in Europe as Greece's new anti-austerity government prepares to meet its creditors.
Tokyo edged up 0.19 per cent by the break as the yen softened against the dollar in reaction to the US jobs data. But Hong Kong eased 0.61 per cent, Shanghai lost 0.40 per cent and Seoul shed 0.39 per cent. Sydney, which jumped more than 10 per cent during a 12-day winning streak, dipped 0.44 per cent.
MALAYSIA share prices opened higher on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 4.27 points to 1815.62.
Volume was 42.1 million lots worth RM19.4 million.
Gainers outnumbered losers 104 to 47.
U.S. stocks finished lower Friday as investors shrugged off a strong jobs report, which had provided a lift earlier in the day, and turned to fresh concerns about Greece.
The S&P 500 SPX, -0.34% fell 7.05 points, or 0.3%, to close at 2,055.47 on Friday, according to preliminary FactSet data. That left the benchmark up 3% for the week, representing its largest weekly gain since mid-December, though it’s down 0.2% for the year.
