Tokyo FX trading lacked clear direction, with dollar-yen recovering after a brief decline and the euro also showing signs of recovery against the yen. Major currencies traded within ranges.
In Tokyo morning trading, dollar-yen fell to ¥155.03 before rising to around ¥155.43. It then softened temporarily but has since recovered to around ¥155.43. EUR/JPY also rose to ¥179.27 before softening to around ¥179.02, but has recently recovered to around ¥179.23.
EUR/USD traded in a 1.1532-1.1544 range, with both the dollar and euro showing signs of recovering against the yen.
The trading ranges so far are ¥155.03-¥155.43 for dollar-yen, ¥178.81-¥179.27 for EUR/JPY, and 1.1532-1.1544 for EUR/USD.
The report was distributed by FISCO and provides the latest update on Tokyo FX market conditions.