European FX: Dollar-yen remains under pressure, with buying of both the dollar and yen

In European trading, USD/JPY was capped on the upside and, after rising to ¥157.71, moved sideways in the low ¥157 range. EUR/JPY fell below ¥177, while EUR/USD traded in a slightly lower range.

Read in fullFrom the source, not the headline

sources corroborateOutlets reporting the same event

companies linkedAcross 0 themes, second pass

The story

In European trading, USD/JPY remained in the low ¥157 range, trading between ¥157.46 and ¥157.71. EUR/JPY was in the ¥176.98–¥177.51 range, while EUR/USD moved between 1.1228 and 1.1269.

Dollar buying continued to show a tendency to strengthen. Although USD/JPY faced resistance on the upside, market commentary indicated that the overall preference for buying dollars remained in place.

U.S. long-term yields and crude oil futures were reported to be resistant to declines, while dollar buying remained unchanged.

At a glance

Trading rangeUSD/JPY: ¥157.46–¥157.71

Trading rangeEUR/JPY: ¥176.98–¥177.51

Trading rangeEUR/USD: 1.1228–1.1269

Market trendsU.S. long-term yields and crude oil futures remain resistant to declines, while dollar buying remains unchanged

Reference information. Every claim resolves to something the story actually named.

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

topics.smt.docomo.ne.jpNews

AgreesOpen

Read the original articleGo to the source page

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.