Early in the New York session, USD/JPY rose back above 158. EUR/JPY remained around 178 and GBP/JPY around 210, both near their highs, as selling pressure on the yen remained persistent.
In the foreign exchange market early in the New York session, USD/JPY was trading back above 158. The latest rates were 158.16 for USD/JPY, 178.27 for EUR/JPY and 210.01 for GBP/JPY, indicating that the broad dollar-uptrend was continuing.
EUR/JPY was near 178.34 and GBP/JPY near 210.03, with both extending their highs for the day, while pressure to sell the yen remained persistent.
Against this backdrop, expectations that the dollar's strength would continue in the New York market have again attracted attention, while upcoming US economic data and interest-rate developments could affect short-term positioning.