In the Tokyo market on the afternoon of the 24th, dollar-yen moved from 157.79 to 158.37. While yen buying emerged to curb yen depreciation, the underlying dollar-buying tone continued. The US 10-year Treasury yield and NY crude oil futures remained firm.
In the Tokyo market on the afternoon of the 24th, dollar-yen traded in a range of 157.79 to 158.37. There were periods of stronger yen buying amid concerns over yen depreciation, but pressure to buy back dollars prevailed.
Euro-yen moved in a range of 179.51 to 180.24, while euro-dollar traded in a range of 1.1369 to 1.1388.
The US 10-year Treasury yield and NY crude oil futures (WTI) remained firm, supporting dollar buying.