In the European foreign exchange market shortly before 22:00 on the 13th, USD/JPY extended its decline and was pushed back to the lower half of the ¥158 range. After briefly rising to ¥158.37 in response to reports related to the Bank of Japan's monetary policy, the pair resumed its decline and traded around ¥158.11.
USD/JPY was ¥158.11 at 20:00 on the 13th, about ¥0.10 lower than the ¥158.21 level at 17:00. The market reacted nervously when comments from officials concerning the Bank of Japan's monetary policy were reported, and the pair briefly rose to ¥158.37 when reports indicated that the Bank was likely to hold off on a rate hike at this month's meeting. It subsequently extended its decline as information emerged that a December rate hike had not been ruled out. After finding support, it recovered to the lower half of the ¥158 range.
EUR/USD was $1.1185 at 20:00, down about $0.0003 from 17:00. As the decline in US long-term interest rates in after-hours trading paused, the pair struggled to rise above $1.1196 and continued to trade in the upper half of the $1.11 range.
EUR/JPY was ¥176.85 at 20:00, about ¥0.16 lower than at 17:00, declining in line with the weaker-dollar trend as the rise in EUR/USD paused.
The reference ranges so far today are 157.83-158.69 for USD/JPY, 1.1154-1.1196 for EUR/USD and 176.49-177.10 for EUR/JPY.