Dollar remains in upper 110 yen as investors remain cautious

TOKYO, March 22 (Xinhua) -- The U.S. dollar stayed in The upper 110 yen zone in Tokyo on Friday as market players adopted a wait-and-see mood with a lack of new incentives.

At 5 p.m., The dollar was quoted at 110.76-77 yen compared with 110.75-85 yen in New York at 5 p.m. on Thursday. It moved between 110.66 yen and 110.89 yen during The day. Japanese financial markets were closed on Thursday due to a national holiday.

The euro fetched 1.1387-1388 dollars and 126.12-16 yen against 1.1370-1380 dollars and 126.00-10 yen in New York late Thursday afternoon.