In Tokyo trading on the 28th, USD/JPY firmed slightly, with dollar buying continuing against a backdrop of persistently elevated US inflation indicators, according to reports. The yen weakened in the afternoon, with movements in EUR/JPY and USD/JPY standing out.
In morning trading, USD/JPY briefly fell to ¥159.29, but recovered to ¥159.56 in the afternoon, according to reports. Dollar buying led the market during the day against a backdrop of persistently elevated US inflation indicators in the United States.
EUR/JPY rose from ¥185.64 to ¥185.82, while EUR/USD fell from 1.1655 to 1.1641, according to reports.
The Nikkei Stock Average opened at ¥66,104.49, reached a high of ¥66,842.82, hit a low of ¥66,012.20 and closed at ¥66,405.56, up ¥273.58 from the previous day. At 5:00 p.m., USD/JPY was around ¥159.50-60 and EUR/JPY around ¥185.70-80, according to reports.