In the Tokyo market, dollar-yen edged higher but struggled to extend its gains, while dollar buying continued. Market participants remain focused on developments in US interest rates and the release of market-moving information.
In the Tokyo market, dollar-yen has struggled to extend its gains, but momentum for dollar buying continues. Market participants are closely watching developments in US interest rates and other factors affecting the foreign-exchange market.
Near-term moves are limited, and the direction may change again depending on forthcoming market-moving information. No specific levels or dates have been provided at this point, and the market is awaiting further information.