In the Tokyo market, dollar-yen continues to trade in a narrow range around ¥153.40. The market is focused on assessing the US producer price index and consumer price index due to be released this week, while the dollar is seeing mixed buying and selling.
In the Tokyo market on the afternoon of the 8th, dollar-yen continued to trade in a narrow range around ¥153.40, with its recovery remaining limited, as the market focused on assessing the US PPI and CPI due to be released this week. Euro-yen gave up some of its gains, while the Australian dollar showed signs of recovering against the US dollar.
So far, dollar-yen has traded between ¥152.88 and ¥154.37, euro-yen between ¥177.86 and ¥179.44, and euro-dollar between 1.1623 and 1.1634.