In the Tokyo market on the 30th, dollar-yen remained soft and briefly recovered to the ¥157 range, but then lost momentum and fell back to the ¥156 range amid concerns over coordinated intervention by Japan and the United States.
In the Tokyo market on the 30th, dollar-yen traded in a ¥156.37–¥157.45 range, with early dollar selling driven by softer U.S. long-term interest rates and crude oil prices.
Dollar-yen briefly recovered to the ¥157 range in the afternoon, but the yen remained supported by strong concerns over coordinated intervention by Japan and the United States, pushing the pair back into the ¥156 range.
The main trading ranges were ¥177.34–¥178.55 for euro-yen and 1.1329–1.1353 for euro-dollar.