In Tokyo trading at noon on the 14th, the dollar rose on corrective buying, with the dollar-yen rate at around ¥154.03 per dollar, representing a dollar decline of about ¥0.17 against the yen from the previous week's close. Following selling back during the European session, the euro moved against both the yen and the dollar.
In Tokyo foreign exchange trading on the morning of the 14th, corrective buying of the dollar against the yen was somewhat stronger, lifting the rate to ¥154.00–03 per dollar around noon. The previous week's closing rate was ¥154.20–23, leaving the dollar down about ¥0.17 against the yen as of noon.
In overseas markets at the end of the previous week, the dollar was sold back during the European session following its earlier rise, then fell temporarily into the ¥153 range during U.S. trading before moving in the ¥153.50 range toward the end of the session.
After 9 a.m., buying believed to be from real-demand investors strengthened somewhat. Buying predominated around the fixing, lifting the rate into the ¥153.80 range. Around noon, it extended its gains to around ¥154.
As of noon, the euro was trading at ¥178.38–39 against the yen and $1.1581–1.1581 against the dollar, with signs of weakness against the dollar.