Yen selling continues; dollar/yen briefly at 158.38 — London FX

Yen selling continued in early London trading, pushing USD/JPY up to around 158.38. Other major pairs also reached new highs, with EUR/JPY at 177.82 and GBP/JPY at 209.68.

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The story

Yen selling from the Tokyo market continued in early London trading, with USD/JPY around 158.38.

At the same time, EUR/JPY was around 177.82 and GBP/JPY around 209.68, extending their intraday highs.

Reported exchange-rate levels included approximately 158.35 for USD/JPY, 177.81 for EUR/JPY and 209.66 for GBP/JPY.

At a glance

Trading priceUSD/JPY trading around 158.38

OutlookYen selling continues in early London trading

HighNew intraday high of 158.38

Other currenciesEUR/JPY at 177.82, GBP/JPY at 209.68

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