In the New York market on the 28th, the yen moved narrowly in the upper ¥157 range per dollar, while the euro held in the upper ¥175 range against the yen. As of 8 a.m., USD/JPY was at ¥157.85-95, moving slightly in the yen's favor from the previous close of ¥157.90-158.00. EUR/JPY was in the ¥175.70-80 range, while the euro was trading at $1.1126-1136 against the dollar.
In the New York market on the 28th, the yen was at ¥157.85-95 per dollar as of 8 a.m., moving ¥0.05 higher against the dollar than at ¥157.90-158.00 as of 5 p.m. the previous day. The euro was at $1.1126-1136 against the dollar and ¥175.70-80 against the yen. In the previous day's trading, USD/JPY edged higher, rising to ¥157.96 shortly after 3 p.m.
EUR/USD drifted lower amid dollar buying, extending its decline to $1.1133. EUR/JPY lacked a significant catalyst and continued to search for direction in the upper ¥175 range. Reference ranges were USD/JPY ¥157.42-157.96, EUR/USD $1.1133-1.1178 and EUR/JPY ¥175.60-176.24.