Dollar/yen rose and then stalled during Asian hours today, falling below the ¥157 range after remarks by the vice minister of finance and reaching below ¥157.00 around 17:00. Most nearby orders are believed to have been filled.
Dollar/yen rose as high as ¥157.843 during Asian hours today, but gradually moved lower from its highs, and selling intensified after remarks by Vice Minister of Finance Mimura (三村) were reported, sending dollar/yen down to the ¥157.10 range.
Following the day's moves, most nearby downside orders are believed to have been filled around 17:00, and no conspicuous large orders were identified around current levels.
The article uses Gaitame.com FX order information to identify points to watch going forward and directs readers to check market information through tools such as GFX.
The source is Gaitame.com, and the article organizes information on today's dollar/yen market overview, order conditions, and the outlook ahead.