The U.S. Dollar was higher versus the Japanese Yen in Tokyo trading today following yesterday’s small rise in 3-year Treasury yields. As reported at 1:04 p.m. (JST), the U.S. Dollar against the Japanese currency at 82.84 Yen, edging up slightly from the 82.67 Yen traded in New York late on Tuesday. Later today, markets will likely turn their collective attention to the United States where $21 billion in 10-year Treasury instruments are to be auctioned; any rise in the yield is likely to push the greenback higher to 83.00 Yen. Most market players agree, however, that any gains beyond 83.00 Yen would likely be limited ... (full story)