In the Tokyo market on the 9th, dollar-yen fell back, with yen buying prevailing after an early-morning high of ¥158.52. Downward pressure continued in the afternoon following the Ministry of Finance's disclosure of the scale of intervention.
In daytime trading on the 9th, dollar-yen fell back, reaching ¥158.52 in the early morning. It then moved toward yen buying after the Ministry of Finance disclosed the scale of coordinated U.S.-Japan intervention.
The day's trading ranges were ¥158.13–¥158.52 for dollar-yen, ¥176.32–¥176.68 for euro-yen, and $1.1141–$1.1167 for euro-dollar.
Downward pressure continued into the afternoon, and dollar-yen slipped to ¥158.09.