Dollar stays in lower 111 yen zone amid optimism for U.S. economy, weak Japanese stocks

TOKYO, Jan. 18 (Xinhua) -- The U.S. dollar stayed in the lower 111 yen zone Thursday in Tokyo while rises on optimism over the U.S. economy were capped by the weak Japanese stocks.

At 5:00 p.m., the dollar was quoted at 111.23-25 yen compared with 111.22-32 yen in New York and 110.76-77 yen in Tokyo at 5:00 p.m. Wednesday. It moved between 111.10 yen and 111.48 yen during the day.

The euro fetched 1.2206-2208 dollars and 135.77-81 yen against 1.2180-2190 dollars and 135.59-69 yen in New York and 1.2218-2219 dollars and 135.33-37 yen in Tokyo late Wednesday afternoon.