USD/JPY was firm in the afternoon Tokyo session on the 4th, trading in the ¥156.40 range near today's high. After falling to the ¥155 range in overseas trading the previous day, the dollar is seen as likely to attract buying on dips.
USD/JPY remained firm in the afternoon Tokyo session on the 4th and is currently trading around ¥156.40, near today's high.
In overseas trading the previous day, the dollar fell to the ¥155 range, but conditions have since made dollar buying on dips more likely.
The trading ranges were ¥155.29 to ¥156.44 for USD/JPY, ¥180.62 to ¥181.82 for EUR/JPY, and $1.1622 to $1.1632 for EUR/USD.
Related news has also cited oil price trends and movements in the US market as factors affecting USD/JPY.