Dollar-yen strengthened from the 7:00 trading open, rising to around ¥157.68. Higher after-hours crude-futures prices are also supporting the yen exchange rate.
Dollar-yen strengthened, with dollar buying prevailing around the 7:00 trading open and lifting the pair to ¥157.68.
Against the backdrop of remarks by US President Trump reported on the 26th, after-hours WTI crude futures rose into the high-$93 range, which was cited as a factor supporting the dollar.
The rise in oil prices and trends in dollar demand, highlighted as market factors, are believed to have influenced short-term moves in the foreign-exchange market.