Morning USD/JPY trading around ¥159.60, Tokyo FX

In the morning Tokyo market, USD/JPY is trading around ¥159.60, with caution evident about testing ¥160. The market continues to favor a stronger dollar and weaker yen.

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The story

Morning USD/JPY was said to be trading around ¥159.60, with the rate recorded at around ¥159.59 in this morning’s trading.

Although there is caution about testing ¥160.00, the market overall is reported to remain biased toward a stronger dollar and weaker yen.

At a glance

Trading levelTrading around ¥159.60

RateDisplayed as USDJPY 159.59

TrendCaution is evident about testing ¥160

Market biasThe market favors a stronger dollar and weaker yen

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