Yen gains pause as European equities, U.S. stock futures and after-hours trading remain firm: London FX

The yen's advance paused in the London market, with USD/JPY rebounding from its low. European equities, U.S. stock futures and after-hours trading are also holding in positive territory.

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The story

The yen's advance from the Tokyo market paused at the start of the London session. USD/JPY fell to around its low of 157.95 and has now rebounded to around 158.30.

EUR/JPY rebounded from around its low of 179.77 to around 180.30, while GBP/JPY rose from around its low of 208.84 to around 209.50.

Steady oil prices and a slight decline in U.S. Treasury yields have been viewed favorably by equity markets. European equities, U.S. stock futures and after-hours trading are all holding in positive territory.

Price movements in USD/JPY, EUR/JPY and GBP/JPY have been reported as part of the London FX market overview.

At a glance

Dollar-yenLow of 157.95, rebounded to around 158.30

European and U.S. MarketsEuropean equities, U.S. stock futures and after-hours trading in positive territory

Cross-yen ratesEUR/JPY: low of 179.77 → around 180.30

Oil/TreasuriesSteady oil prices and lower U.S. Treasury yields

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