As of 8:00 a.m., dollar/yen had moved sharply to around ¥153.66 per dollar amid substantial dollar weakness and yen strength, while euro/yen had also moved significantly to around ¥178.13.
In the foreign exchange market on the 14th, dollar/yen was around ¥153.66 per dollar as of 8:00 a.m., representing substantial dollar weakness and yen strength of ¥0.55 compared with the level at 5:00 p.m. the previous weekend. Euro/yen was around ¥178.13 per euro, showing substantial euro weakness and yen strength of ¥0.85.
This move reflects pressure across the foreign exchange market against the backdrop of differences in the US and Japanese interest-rate and economic outlooks, with investors closely watching future policy developments and economic data releases as factors driving market volatility.
There is growing speculation that dollar weakness and yen strength may continue, and market participants are increasingly monitoring developments in the foreign exchange market.