Ahead of the release of the US consumer price index, the yen in the Tokyo market moved only narrowly against the dollar. As of 5 p.m., the yen was reported to have moved by approximately ¥0.06 from the previous day.
Ahead of the release of the US consumer price index, the yen moved only narrowly against the dollar in the Tokyo foreign exchange market. During the reported trading hours, the market remained directionless as participants awaited the release.
Market sources described the movement as occurring amid a wait for the US CPI release, with no clear direction in foreign exchange. There were also reports, as of the latest update, that the yen was weakening and the dollar strengthening.