Tokyo stocks opened 0.32 percent lower on Friday after a lackluster performance on Wall Street and as the yen inched higher on upbeat data that showed Japan’s bid to reach lasting inflation was gathering steam.
The dollar rose in Asia Friday following better-than-forecast US growth figures, which also eased concerns about emerging markets after a heavy sell-off this week.
The US dollar traded near a five-year high against the yen in thin Asian trade Thursday as investors began the new year with renewed optimism about the US economy.
The dollar rose against the yen in Asia Friday on optimism that talks between President Barack Obama and Republicans will end in a deal to raise the US debt ceiling before the government runs out of money.
The dollar edged down against the safe-haven yen in Asia on Tuesday due to concerns over a possible US military action against Syria.