The euro held its gains on Thursday, bolstered by the European
Central Bank's (ECB) upbeat inflation forecasts and hopes for a
last-minute Greek bailout deal.
In Tokyo afternoon trading, the common currency bought $1.1267 and ¥140.10, against $1.1270 and ¥140.01 in US trade.
Upbeat US figures and a positive Federal Reserve report on the state of the world's top economy boosted the dollar, which fetched ¥124.43, against 124.23 yen in New York.
After a policy meeting Wednesday, the ECB kept its key interest rates unchanged at record lows and its president Mario Draghi said it would maintain its bond-buying stimulus programme, putting an end to talk it could be wound down early.
The ECB also projected eurozone inflation would reach 0.3% in 2015, up from its previous forecast of flat prices, while it kept its 2016 forecast at 1.5% and its 2017 forecast at 1.8%.
Eurogroup chief Jeroen Dijsselbloem, who also attended the four-hour talks, told reporters it was a "very good meeting".
"It would be quite a surprise if they didn't reach an agreement on Greece," Keith Poore, head of investment strategy at AMP Capital Investors in Wellington, told Bloomberg News.
US data showed solid growth in private-sector job hiring and a healthy outlook on the economy in the Fed's latest update.
And in its closely watched Beige Book, the US central bank said the economy returned to modest-to-moderate growth in April and May after stalling in the first three months of the year, partly because of severe winter weather.
The greenback also firmed to 13 248 Indonesian rupiah from 13 204 rupiah, to 44.86 Philippine pesos from 44.63 pesos, to 64.17 Indian rupees from 63.79 rupees, and to Sg$1.3468 from Sg$1.3461.
Upbeat US figures and a positive Federal Reserve report on the state of the world's top economy boosted the dollar, which fetched ¥124.43, against 124.23 yen in New York.
After a policy meeting Wednesday, the ECB kept its key interest rates unchanged at record lows and its president Mario Draghi said it would maintain its bond-buying stimulus programme, putting an end to talk it could be wound down early.
The ECB also projected eurozone inflation would reach 0.3% in 2015, up from its previous forecast of flat prices, while it kept its 2016 forecast at 1.5% and its 2017 forecast at 1.8%.
Eurogroup chief Jeroen Dijsselbloem, who also attended the four-hour talks, told reporters it was a "very good meeting".
"It would be quite a surprise if they didn't reach an agreement on Greece," Keith Poore, head of investment strategy at AMP Capital Investors in Wellington, told Bloomberg News.
US data showed solid growth in private-sector job hiring and a healthy outlook on the economy in the Fed's latest update.
And in its closely watched Beige Book, the US central bank said the economy returned to modest-to-moderate growth in April and May after stalling in the first three months of the year, partly because of severe winter weather.
The greenback also firmed to 13 248 Indonesian rupiah from 13 204 rupiah, to 44.86 Philippine pesos from 44.63 pesos, to 64.17 Indian rupees from 63.79 rupees, and to Sg$1.3468 from Sg$1.3461.
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