The dollar edged down in Asia on Thursday as dealers await the outcome of a US Federal Reserve policy meeting expected to result in further easing measures to boost the world's biggest economy.
The greenback bought 77.70 yen in Tokyo trade against 77.84 yen in New York late Wednesday.
The euro - which jumped after a German court Wednesday ruled the eurozone's permanent bailout fund was legal - rose to $1.2925 from $1.2899 in New York and to 100.46 yen from 100.42 yen.
The Federal Open Market Committee's two-day policy meeting was to wrap up later Thursday with the expectation that the bank will announce a new round of bond-buying known as quantitative easing, which would see a flood of dollars hit the market.
"The countdown to tonight's FOMC decision is set to keep trading subdued on Thursday amid a non-descript domestic calendar," National Australia Bank said in a note.
Currency markets were also eyeing Spain to see if Madrid taps a new European Central Bank bond-buying program aimed at bringing down borrowing costs for debt-hit members of the 17-nation eurozone.
China's television regulator has ordered a crackdown on dramas about the country's battles with Japan during and before World War Two and demanded they be more serious, state media said on Friday, following viewer complaints about ludicrous storylines. (Reuters )
Shukan Post (May 24) conveys the difficulties experienced by other parts of the adult-entertainment biz in servicing customers from the communist nation.
A deri heru (“delivery health”) call-girl tells the tabloid that she is often requested to arrive at major hotels in the Shinjuku and Ikebukuro entertainment areas of Tokyo by Chinese visitors. (Tokyo Reporter)