In the Tokyo market today, dollar-yen traded in the lower ¥157 range and was at ¥157.35 at 10:00. The range so far was narrow at approximately 21 sen. Euro-yen was at ¥178.84 and euro-dollar remained little changed around $1.1366.
In the Tokyo foreign exchange market on 29 September, dollar-yen was trading at ¥157.35 at 10:00, about 4 sen below the New York close of ¥157.39. The intraday range so far was extremely narrow at approximately 21 sen, and there was little noticeable increase in trading activity around the Tokyo fixing.
Euro-yen, meanwhile, was somewhat heavy at ¥178.84 at 10:00. It was about 12 sen below the New York close of ¥178.96 and fell as low as ¥178.83, as the decline of more than ¥650 in the Nikkei 225 weighed on the pair.
Euro-dollar was around $1.1366 at 10:00, with the euro about $0.0005 weaker than the New York close of $1.1371. Trading remained subdued from the morning.
The indicative ranges so far today were dollar-yen ¥157.30-157.51, euro-dollar $1.1363-1.1374 and euro-yen ¥178.83-179.03.