SEO TEMPLATES

TOKYO: The dollar extended its gains in Asia on Thursday after minutes from the Federal Reserves October meeting showed policymakers were considering cutting its stimulus programme "in coming months".

The greenback climbed to 100.39 yen in Tokyo morning trade from 100.03 yen in New York Wednesday afternoon.

The euro inched down to $1.3426 from $1.3435 while it strengthened to 134.78 yen from 134.40 yen.

Minutes from the Feds October meeting released Wednesday showed policymakers felt recent data indicate the time is approaching to start cutting down its $85 billion a month bond-buying scheme.

National Australia Bank said the minutes point to the likelihood of tapering sooner than later."

AFP