USD/JPY briefly at the 158.48 level as dollar buying and yen buying collide = London FX

In early London trading, USD/JPY briefly rose to around 158.48, renewing its daily high. EUR/USD is around 1.12, while cross-yen pairs are showing moves toward yen weakness.

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The story

From the start of London trading, USD/JPY briefly rose to around 158.48, slightly renewing its high for the day. EUR/USD is trading around 1.12, and the rise in early London trading has paused. There are currently signs of some dollar buying.

Cross-yen pairs are showing moves toward yen weakness, with EUR/JPY and GBP/JPY each renewing their highs for the day at around 177.56 and 209.95, respectively. European stocks opened broadly firmer.

Current key levels are USD/JPY at 158.46, EUR/USD at 1.1204 and EUR/JPY at 177.53.

At a glance

TradingIn early London trading, USD/JPY rose to around 158.48, renewing its intraday high

Currency pairEUR/USD is trading around 1.12

Cross-yen highsNew intraday highs of around 177.56 for EUR/JPY and 209.95 for GBP/JPY

European MarketEuropean stocks opened broadly firmer

Current priceUSD/JPY 158.46、 EUR/USD 1.1204、 EUR/JPY 177.53

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