In Tokyo, the dollar weakened somewhat against the yen, while dollar-buying sentiment persisted. Rising US long-term interest rates and crude oil prices provided the market backdrop, and the dollar was seen weakening at times. The trading ranges generally remained around the ¥157 and ¥179 levels.
In Tokyo trading on the afternoon of the 28th, the dollar weakened somewhat against the yen, falling to the ¥157.60 range.
The previous week's comments by US President Trump cautioning against yen depreciation were in focus, creating conditions conducive to yen buying.
Against the backdrop of rising US long-term interest rates and movements in crude oil prices, major currencies weakened against the dollar, while the yen weakened against those currencies.
The trading ranges so far were ¥157.34–¥157.85 for dollar/yen, ¥179.12–¥179.72 for euro/yen, and $1.1373–$1.1391 for euro/dollar.