The yen rose against the dollar in the New York foreign exchange market on the 25th, briefly reaching ¥156.94 per dollar. Reports say the market is showing wariness over US-Japan coordination.
In the New York market on the 25th, the yen rose against the dollar, with the exchange rate reaching ¥156.94 per dollar in some transactions. Overseas market participants were sensitive to the dollar's movements, and there were periods when yen buying advanced.
The news report points to wariness over the cooperative stance of Japan and the United States as having affected market sentiment. No specific schedule or policy details are provided in the main report, but it says there were periods of heightened uncertainty in the foreign exchange market.
As no supplementary materials or reports from other newspapers were consulted regarding exchange-rate movements, this account covers only the facts stated in the main report. The market's reaction is said to depend on developments going forward, and further reports are awaited.