USD/JPY fell to 157.46 and traded lower following a decline of more than ¥1,000 in the Nikkei Average. Month-end fixing factors pushed the pair lower, below the daily baseline.
USD/JPY weakened to 157.46, extending its decline against the backdrop of a drop of more than ¥1,000 in the Nikkei Average. The daily Ichimoku baseline was ¥157.52, and the pair fell below it.
Month-end fixing factors have been cited as a possible influence in the market move.