In the New York market, the yen moved narrowly in the upper ¥157 range against the dollar ahead of the US midterm elections and employment-related data releases. The rate was ¥157.89–¥157.99 as of 5:00 p.m., representing a 30-sen yen decline and corresponding dollar gain from the same time last Friday.
In the New York foreign exchange market, investors took a wait-and-see approach ahead of the US midterm elections and employment-related data releases, limiting the yen's movement against the dollar.
Dollar-yen was in a ¥157.89–¥157.99 range as of 5:00 p.m. during trading, representing a yen decline of about 30 sen and a corresponding dollar gain from the same time last Friday.
The move was reported as a modest fluctuation amid an uncertain market outlook, and a wait-and-see stance may continue ahead of upcoming US economic data releases.