Dollar-yen traded nervously in the ¥160 range today, with reports indicating that sell orders were limited. During the day, it reached a high of ¥160.184 and a low of ¥159.634.
Dollar-yen remained firm during Asian hours today, extending the dollar-strengthening and yen-weakening trend from the previous day. However, sizeable selling emerged from those levels, and the pair turned lower at times. Price movements were nervous, heightening concern about sudden market moves.
Sell orders are reportedly observed above current levels at ¥159.900, ¥159.950, ¥160.200 and ¥160.300, with no other notable orders seen. Market participants are also seeking levels to watch through foreign exchange order information showing the rates and volumes of limit and stop orders.
The information was provided by Gaitame.com, and the article includes an explanation of how to use its foreign exchange order information. Today's dollar-yen movements and order conditions are compiled based on the company's content.