In the Tokyo market on the afternoon of the 12th, dollar-yen remained little changed in the ¥158.30 range, while the pound was firmer against major currencies. This was reportedly attributed to a rating agency maintaining the UK's sovereign rating with no change to its outlook.
In Tokyo market trading, dollar-yen moved sideways around the upper ¥158 level, with the trading range remaining broadly between ¥158.07 and ¥158.40. Euro-yen traded in the upper ¥177 range, while euro-dollar moved between 1.1193 and 1.1217.
Meanwhile, the pound showed a firmer trend against other major currencies, with buying reportedly coming into the pound on a relative basis. Market commentary attributed this to a favorable response to the UK's sovereign rating being maintained and its outlook also being left unchanged.
The financial information service Fisco provided the trading data used as the source for the day's information, compiling the relevant market ranges and movements.