In European trading, dollar-yen recovered, rebounding to the ¥158.10 area after falling to ¥157.82. Short-covering in the dollar emerged, while euro-dollar edged lower to the ¥1.1170 area. Cross-yen pairs moved in line with dollar-yen, with euro-yen rising again to the ¥176.80 area.
Movements in European trading indicated a rebound in dollar-yen. The trading range for dollar-yen was ¥157.82 to ¥158.35, with a rebound observed after the pair moved lower. Although upside momentum was limited, short-covering emerged, and the current reference level was around the low ¥158s. Euro-dollar traded in a range of $1.1174 to $1.1191, with downward pressure prevailing overall.
Cross-yen pairs saw significant moves in line with dollar-yen, with euro-yen rising from ¥176.48 to the ¥176.80 area. Overall, there were periods in European trading when buying momentum in the dollar strengthened, affecting other currency pairs, including euro-yen.
The ranges observed this time were ¥157.82 to ¥158.35 for dollar-yen, ¥176.48 to ¥177.05 for euro-yen, and $1.1174 to $1.1191 for euro-dollar. The text provides no further specific information on timing or figures.