In Tokyo FX trading, USD/JPY moved in a narrow range and settled around ¥159.60 per dollar. The move was not accompanied by any particular catalyst for a major shift, indicating that the market remains range-bound.
USD/JPY trading in Tokyo is range-bound today, hovering around ¥159.60. No major news catalysts have been reported, and short-term price movements have remained limited.
This is a phase in which it is difficult to discern a clear direction for the FX market as a whole, and the pair may become active again depending on developments in other market events and news.