Peso-yen has continued to hover around ¥9.40, reaching ¥9.42 late last week before moving into the ¥9.38 range. This morning, it started in the ¥9.41 range and then settled in the ¥9.38 range.
This week, peso-yen has continued to trade around ¥9.40, its central level. It briefly reached ¥9.42 in line with movements in USD/JPY, but was subsequently pushed back into the ¥9.38 range.
In the latest intraday trading, MXNJPY is shown at 9.3853. Depending on movements in USD/JPY, the market tone for the peso could also be affected.
In this morning’s trading, peso-yen started in the ¥9.41 range before slipping into the ¥9.38 range, partly amid a stronger yen. Small fluctuations over short periods have continued.
The day’s report concludes by encouraging readers to refer to forex charts. Depending on future trading factors, the level could move again.