Tokyo FX: Dollar-yen edges higher, rising toward the evening; Written by: Fisco

The story

As of 17:36 JST, the dollar-yen pair was trading firmly in Tokyo and had risen toward evening, it was reported. Diminished expectations for an early FRB rate hike were cited as the reason.

The move was reported alongside observations that some dollar selling had emerged, while the view was expressed that market direction could be affected by the outlook for US interest rates.

At a glance

As of17:36 JST

ScopeDollar/yen

SituationFirm, rising toward evening

FactorsDiminished expectations for an early Fed rate hike

Reference information. Every claim resolves to something the story actually named.

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.