USD/JPY was range-bound in European markets, with the dollar's upward trend continuing. USD/JPY is currently trading in the upper ¥158 range.
In European foreign exchange markets, USD/JPY remained range-bound, with periods when dollar buying was temporarily dominant. The initial trading range was ¥158.39 to ¥158.57.
Among the other currency pairs also reported, EUR/JPY fluctuated between ¥177.29 and ¥177.54, while EUR/USD moved between $1.1190 and $1.1203. There was also speculation that the dollar's strength was weighing on the yen crosses.
NY crude oil futures (WTI) had risen into the $92-per-barrel range, which was said to have triggered dollar buying and affected overall foreign exchange market movements.