USD/JPY was little changed at 153.64 yen in the Tokyo market as of 10:00. The difference from the NY close was around ¥0.03. Dollar buying and yen selling were seen against the backdrop of higher crude oil prices, but there was little directional momentum.
USD/JPY was at 153.64 yen as of 10:00 today, almost unchanged from the New York market close of 153.61 yen. While concerns about yen appreciation remain, dollar buying and yen selling were also seen in response to higher crude oil prices, with no clear direction emerging as the pair moved above and below last Friday's NY close.
EUR/JPY was at 178.04 yen, around ¥0.07 lower for the euro than the New York close of 178.11 yen. The yen's reaction to the Nikkei Average's sharp continued decline was muted, and EUR/JPY fluctuated narrowly around 178 yen in line with USD/JPY.
EUR/USD was at $1.1587, around $0.0012 lower for the euro than the NY close of $1.1599. The dollar was broadly supported on the back of higher crude oil prices, with selling observed down to around $1.1585.
Today's ranges so far have remained between 153.38 and 153.79 yen for USD/JPY, $1.1585-$1.1612 for EUR/USD, and 177.85-178.25 yen for EUR/JPY.