The U.S. dollar traded above the 117 yen line early on Thursday morning in Tokyo.

At 9 a.m., the dollar changed hands at 117.23-24 yen compared with 117.00-117.10 yen in New York and 114.98-115.00 yen in Tokyo at 5 p.m. Wednesday.

The euro fetched 1.0512-0513 dollars and 123.24-25 yen against 1.0528-0538 dollars and 123.22-32 yen in New York and 1.0649-0650 dollars and 122.44-48 yen in Tokyo late Wednesday afternoon.