The yen remains closed positions after strong gains on disappointing manufacturing PMI data yesterday while the euro remains on the defensive, waiting for the meeting of the ECB. The European single currency slipped to a low of three weeks against the yen at 137.39 and , around 7.30 , trading at 137.58 after closing at 137.41 . At the same time , the dollar traded at 108.75 yen from 110.09 up to six years , after closing at 108.87 . EUR / USD at 1.2654 after closing at 1.2623 .
