Dollar-yen traded firmly in Tokyo trading on the 6th and settled in the ¥158 range in the afternoon. Euro-yen rose into the upper ¥177 range, while the Nikkei 225 ended sharply higher.
In Tokyo trading on the 6th, dollar-yen began rising from ¥157.77 and recovered into the ¥158 range in the afternoon. Although the move in U.S. long-term interest rates lost momentum, rates remained high, and the yen came under some selling pressure.
Euro-yen rose from ¥177.03 to ¥177.79, while euro-dollar climbed from $1.1203 to $1.1242. As of 17:00, dollar-yen was trading around ¥158.10 and euro-yen near ¥177.70.
The Nikkei 225 rose sharply from the previous day, opening at ¥69,954.61 and closing at ¥70,683.98. German manufacturing orders fell 10.6% month on month in August, while the previous figure improved from -2.5% to +3.2%. Bank of Japan Governor Ueda (植田) indicated the future policy for adjusting interest rates while maintaining underlying price stability, and U.S. Treasury Secretary Bessent indicated that the core inflation rate is expected to decline.