USD/JPY struggled to rise in the low ¥158 range, while the Nikkei 225 extended its gains to more than ¥1,100 from the morning. AUD/USD remains sluggish in its recovery at around $0.7034.
In the Tokyo market, USD/JPY continued to rebound toward ¥132 before gradually declining to ¥158.15. The recent high was ¥158.40, and the pair has been moving up and down.
The Nikkei 225 rose sharply after the open, at one point extending its gains to more than ¥1,100.
With Australia’s August employment figures due at 10:30 a.m., AUD/USD has been sluggish in its recovery and is trading at around $0.7034. It fell to $0.7026 yesterday.