The dollar inched up against the yen on Wednesday after upbeat U.S. economic data reinforced expectations for economic growth under Donald Trump's Administration and more rate hikes by U.S. Federal Reserve next year.
The dollar rose 0.2 percent against the yen JPY= to 117.67, adding to its gains of nearly 0.5 percent on Tuesday in the wake of data showing U.S. consumer confidence hit a 15-year peak in December.
International Brent LCOc1 crude futures were trading down 7 cents, or 0.12 percent, at $56.02 a barrel at0722 GMT (2.22 a.m. ET) after closing the previous session up 93 cents.
U.S. benchmark West Texas Intermediate (WTI) crude oil prices CLc1 were down 8 cents at $53.82 per barrel after settling up 88 cents at $53.90 a barrel in the previous session.
Reference: Reuters
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