European FX: Dollar-yen gains pause, tracking oil prices

The story

In European trading, dollar-yen gains paused, with the pair moving within a range of ¥159.04 to ¥159.23. In the oil market, NY crude oil futures (WTI) softened to around $85.

As dollar buying receded, euro-dollar rose into the $1.16 range, while euro-yen held near its highs.

At a glance

Trading priceUSD/JPY was ¥159.04–¥159.23

Timing19 August

ScaleEUR/JPY was ¥184.49–¥184.72

NatureNY crude oil futures (WTI) softened to around $85

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