In the New York market on the 25th, USD/JPY briefly rose to the upper ¥156 range. Reports suggested that the online meeting between the Japanese and U.S. finance ministers was viewed as a market factor, while the Tokyo market traded mainly around the ¥158 range.
In the New York foreign exchange market on the 25th, USD/JPY briefly reached the upper ¥156 range per U.S. dollar. Some views suggested that yen buying may have gained momentum, and the online meeting was cited as a factor being watched by the market. In the Tokyo market, the dollar had been trading mainly around the ¥158 range.
Some observers said that future movements could be driven by the outcome of the online meeting between the Japanese and U.S. finance ministers and the direction of any new monetary policy, but the article did not specify any concrete figures or timing.