The yen strengthened to the upper ¥156 range per dollar, and dollar selling has come into focus amid reports that the interest-rate differential is expected to narrow. Caution is warranted over future price movements.
The yen strengthened to the upper ¥156 range against the dollar. The yen’s appreciation has progressed in the market, drawing attention to investor trading activity.
As expectations of a narrowing interest-rate differential have been reported, dollar selling has come into focus, with views spreading that this is supporting the yen.