Dollar fluctuates around ¥158 at 3 p.m. as range-bound trading continues and market stagnation deepens

The story

At 3 p.m., the dollar-yen exchange rate was trading in the low ¥158s, showing a slight move toward a stronger dollar and weaker yen compared with the end of the previous day's New York session.

Since the beginning of October, it has continued to move up and down within a narrow range around ¥158.

With the market remaining range-bound, trading has become increasingly stagnant.

At a glance

Trading sessionAs of 3 p.m., the dollar-yen exchange rate was trading in the low ¥158s.

Basis for levelSince the beginning of October, it has moved up and down within a narrow range around ¥158.

Market conditionsThe range-bound market has continued, and the sense of stagnation has intensified.

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