The dollar-yen pair was modestly firm in Tokyo trading on the 27th, recovering to the upper ¥157 range in the morning. Yen selling continued against a backdrop of gains in the Nikkei 225, and toward the close the pair moved with a return to the upper ¥157 range and ¥158 in sight.
The dollar-yen pair was modestly firm in Tokyo trading on the 27th, reaching ¥157.42 in the morning after initially moving sideways, before shifting to an upward trend.
The pair struggled to rise in the afternoon amid a lack of fresh catalysts, but yen selling strengthened against a backdrop of widening gains in the Nikkei 225, and it rose to ¥157.85 in the evening.
The euro-yen pair rose from ¥175.94 to ¥176.24, while euro-dollar fell from $1.1176 to $1.1152.
At 17:00, the trading range was ¥157.80–¥157.90 for dollar-yen. The Nikkei 225 closed at ¥63,268.37, up ¥1,078.72 from the previous day.