The U.S. dollar was bought in the U.S. foreign exchange market amid geopolitical concerns, and the yen briefly weakened to the ¥158.70 range.
In the U.S. foreign exchange market, the U.S. dollar was bought against a backdrop of risk aversion over geopolitical risks, and dollar/yen briefly rose to the ¥158.70 range.
The move reportedly reflected market participants' preference for the dollar over the yen during a risk-averse phase.