The dollar was broadly flat in the low ¥158 range in the Tokyo foreign exchange market as of 3 p.m. Buying after the US PMI release had run its course, leaving price movements without a clear direction.
In the Tokyo market at 3 p.m., the dollar was trading with little change in the low ¥158 range.
The phase of buying that followed the release of the US purchasing managers' index (PMI) had come to an end, leaving market participants waiting for fresh cues.
The direction of the foreign exchange market could emerge again depending on forthcoming economic indicators and market trends.