In Tokyo trading on the 26th, dollar-yen resisted further declines, falling from the morning low of ¥159.26 to ¥158.88 before recovering to the ¥159 range in the afternoon on dollar buying, although the rebound was capped toward evening. Euro-yen fell from ¥185.91 to ¥185.35, while euro-dollar fell from 1.1676 to 1.1659.
In Tokyo trading on the 26th, dollar-yen fell to ¥159.26 in the morning and recovered to the ¥159 range in the afternoon on dollar buying, but movements in crude oil prices capped the rebound toward evening.
Euro-yen fell from ¥185.91 to ¥185.35, while euro-dollar fell from 1.1676 to 1.1659.
The Nikkei 225 opened at ¥65,604.49, reached a high of ¥66,442.34, fell to a low of ¥65,390.55 and closed at ¥66,262.16, up ¥405.73 from the previous day.
As of 5 p.m., dollar-yen was 159.00-10, and euro-yen was 185.50-60.
In remarks by officials, Schnabel, a member of the ECB Executive Board, said inflation could remain above 2% for an extended period. Economic and Fiscal Policy Minister Jōnai (城内) said he expected the CPI to edge higher amid the situation in the Middle East.
Among economic indicators, Japan’s corporate services price index for July rose 3.4% year on year, while Australia’s July CPI rose 3.5% year on year, in line with expectations.