In the Tokyo market on the morning of the 2nd, dollar-yen was stuck just below ¥158, with gains capped around ¥157.80. The euro was firm against the yen and the dollar, with euro-yen trading around ¥176 and euro-dollar around 1.116.
In the Tokyo market on the morning of the 2nd, dollar-yen was stuck just below ¥158, with gains capped around ¥157.80.
Finance Minister Katayama Satsuki (片山さつき) said the foreign exchange market had improved from before, while reiterating her stance of responding in line with the Japan-US joint statement.
As the yen weakened, the euro was firm against the yen and the dollar, with euro-yen trading in the ¥176.20 range and euro-dollar around $1.1168.
The trading ranges so far were ¥157.45-¥157.84 for dollar-yen, ¥175.55-¥176.33 for euro-yen and 1.1148-1.1172 for euro-dollar.