USD/JPY fell to 154.32. It rose briefly to 154.62 in the morning but failed to reach the previous day's high of 154.67, while rising long-term interest rates and a more than ¥1,900 drop in the Nikkei pressured the market.
USD/JPY rose briefly to 154.62 in the morning before ultimately falling to 154.32 at the close. It failed to reach the previous day's high.
The sharp rise in Japanese long-term interest rates was cited as a background factor, while the Nikkei Average fell by more than ¥1,900, weighing on the market as a whole.
Related news on market trends was also reported, highlighting once again the correlation between foreign exchange and equity markets.