The Nikkei Stock Average stood at ¥65,266.67 at the morning session close, down ¥1,033.77 from the previous day, as heavy selling continued. In the Tokyo market, USD/JPY moved to around ¥157.66.
The Nikkei Stock Average closed the morning session at ¥65,266.67, down ¥1,033.77 from the previous day. Selling was pronounced across the market, with losses widening substantially.
As of 11:32 a.m. on the same day, USD/JPY had moved to around ¥157.66, and developments in the foreign exchange market may also have influenced the Nikkei's decline.
The article, reported by Zai FX!, covers developments in the stock market alongside movements in the FX market. It contains no specific investment recommendation at this point and is limited to conveying the facts.
The Nikkei Average's sharp decline and the USD/JPY level were reported together that day. In subsequent updates, attention will focus on the market's reaction, whether new lows are reached, and the direction of exchange rates.