Dollar-yen rises to 159.75, with higher US Treasury yields and other factors supporting dollar strength and yen weakness in afternoon trading, Tokyo FX -

Dollar-yen moved higher in the afternoon, rising to 159.75. Rising US Treasury yields supported dollar strength and yen weakness.

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The story

Dollar-yen rose to 159.75 and traded in the post-intervention rebound-high range.

Dollar strength prevailed against a backdrop of rising US Treasury yields, and the move toward yen weakness continued.

The trade was displayed at 159.68 for USDJPY, indicating a localized movement.

At a glance

USD/JPY levelDollar-yen rose to 159.75.

Afternoon market trendDollar strength prevailed in the afternoon, against a backdrop of rising US Treasury yields.

Price movementIt traded in the post-intervention rebound-high range.

Displayed valueUSDJPY was displayed at 159.68.

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Dollar-yen rises to 159.75, with higher US Treasury yields and other factors supporting dollar strength and yen weakness in afternoon trading, Tokyo FX - | News