Dollar-yen moves back into the ¥157 range, unlikely to tilt either way in early NY trading

The story

Dollar-yen moved back into the ¥157 range in New York foreign exchange trading. Early-session price movements were limited, and some observers say a clear direction is difficult to discern.

Market participants are said to see no decisive catalyst for a move higher or lower at present, and the market may remain range-bound in the short term.

At a glance

MarketReported as the early move in the New York foreign exchange market

Current situationDollar-yen moved back into the ¥157 range

DirectionThe market is seen as unlikely to tilt either higher or lower

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.