USD/JPY was slightly higher in European trading at 22:00. The dollar edged higher against a backdrop of rising U.S. long-term interest rates and movements in crude oil prices.
In European foreign exchange trading on the 17th, USD/JPY stood at ¥159.25 at 22:00, with the dollar around ¥0.06 higher than the ¥159.19 level at 20:00. The move is believed to have been influenced by the yield on 10-year U.S. Treasuries rising into the 4.71% range and WTI crude oil futures moving above $83. Movements in U.S. interest rates may have spilled over into the yen market.
EUR/USD was slightly lower, standing at $1.1597 at 22:00. It weakened to around $1.1587 under the pressure of rising 10-year U.S. Treasury yields.
EUR/JPY stood at ¥184.68 at 22:00, up from ¥184.50 at 20:00. It was pushed up toward that level in line with the rise in USD/JPY.
The Canadian dollar edged higher to ¥114.99 against the yen and CAD 1.3851 against the dollar after July CPI came in above expectations. The ranges so far today were indicated as USD/JPY ¥158.85-¥159.40, EUR/USD $1.1564-$1.1614 and EUR/JPY ¥184.06-¥184.69.