Dollar-yen held in the ¥154 range in the Tokyo market. With Swiss economic indicators coming in strong, expectations of a central-bank rate hike have made the franc prone to buying.
In the Tokyo market on the afternoon of the 14th, dollar-yen remained firm and held in the ¥154 range. Although oil prices and US yields lost momentum, they remained at high levels, making the dollar difficult to sell.
Meanwhile, Swiss economic indicators were notably strong, creating conditions in which the franc was prone to buying as expectations of a rate hike by the Swiss National Bank increased.
Dollar-yen traded between ¥153.37 and ¥154.14, euro-yen between ¥177.85 and ¥178.46, and euro-dollar between $1.1565 and $1.1596.