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Yen Slips as BOJ Holds Ground

The dollar is weak against other major currencies.

The dollar crept up against the yen after the Bank of Japan left rates unchanged, but otherwise the greenback was weak early Tuesday.

Recently, the yen was slipping to 110.10 from 110.04 in the prior session. The slight downturn was notable because the yen has been strong lately against its U.S. counterpart, rising 4.5% since the start of November.

The euro edged up to $1.4589 from $1.4552 on Monday, and the British pound climbed to $2.0696 from $2.0592.

Also, the dollar was buying 1.1261 Swiss francs, down from 1.1280 last time. The Australian dollar would buy 89.39 U.S. cents, up from 88.34 cents a day ago, a 1.2% increase that made it the best performer of the session.

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The dollar fell to 95.62 Canadian cents from 96.42 previously.