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TOKYO, Dec. 18 (Xinhua) -- The U.S. dollar traded in the upper 112 yen range Monday morning in Tokyo, amid expectations a U.S. tax reform bill will be passed soon.
As of midday, the dollar was quoted at 112.65-66 yen compared with 112.57-67 yen in New York and 112.15-16 yen at 5:00 p.m. in Tokyo on Friday.
The euro, meanwhile, fetched 1.1756-1757 dollars and 132.44-45 yen against 1.1745-1755 dollars and 132.27-37 yen in New York and 1.1791-1792 dollars and 132.24-28 yen in late Friday afternoon trade in Tokyo.
