Dollar Edges Higher In Thin Trade Ahead Of Holiday



The dollar edged higher against its major counterparts in Asian trading Friday, in thin trading ahead of a U.S. market holiday.

The Japanese yen "pulled back from its Asian session highs amid reports of bargain hunting in the crosses following reserve management interest," said currency strategists at Action Economics.

U.S. markets will be closed for Independence Day.

The dollar traded at 95.99 yen, up from 95.88 yen in late North American trading Thursday.

The euro bought $1.4017, down from $1.4027 late Thursday.