Dollar/yen moved higher in Tokyo trading on the morning of 2 November, rising from the mid-¥157 range early in the morning to ¥157.82. It subsequently gave back some of its gains but was trading in the ¥157.70 range at the time of writing. The October manufacturing PMI released at 9:30 a.m. was 53.3, in line with market expectations.
Dollar/yen moved higher in Tokyo trading on the morning of 2 November, rising from the mid-¥157 range early in the morning to ¥157.82. It reached ¥157.82 during the 9 a.m. hour and was trading in the ¥157.70 range at the time of writing.
The October manufacturing purchasing managers’ index (PMI), released at the same time, came in at 53.3, in line with market expectations. Euro/yen was trading in the low ¥176 range, while euro/dollar was around $1.1163.
The trading ranges so far were ¥157.45–¥157.82 for dollar/yen, ¥175.55–¥176.15 for euro/yen and $1.1148–$1.1164 for euro/dollar.