Dollar drifts up to fresh 3-year high vs yen High Street Networking

24 December 2001, 13:34 Dollar drifts up to fresh 3-year high vs yen

1015 GMT - Dollar inches up to fresh three year high at 129.72 yen as small flurry of buy dollar buy orders hits seasonally thin market. - Yen also weak against euro , but holding more than one yen above Friday's 2-year low at 116.65 per euro. - Euro stuck near session low just below $0.89 , close to Friday's trough hit after traders cut exposure to single currency ahead of holiday. - Many European centres on half or full day holiday ahead of Christmas break.