30 April 2001, 10:35 Asia FX Review: Majors consolidated amid holidays in Tokyo, HK
By Yumi Kuramitsu, Bridge News
Hong Kong, April 30 (BridgeNews) - Major currencies consolidated in
Asia on Monday and were confined to extremely narrow trading ranges, with
fewer participants amid holidays in Japan and Hong Kong. The market
reacted little to the weekend Group of Seven finance ministers and central
bankers' meeting in Washington as there was no major statement on foreign
exchange matters. The dollar/yen was stuck in a 123.81-124.22 range, while
the euro/dollar was confined to a range of 0.8906-0.8926.
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