USD/JPY rose to around ¥158.40 in Tokyo trading on the afternoon of the 12th, but dollar buying paused, while EUR/USD held around 1.12. USD/JPY traded between approximately ¥158.07 and ¥158.40, EUR/JPY between approximately ¥177.18 and ¥177.46, and EUR/USD between 1.1193 and 1.1217.
USD/JPY rose into the low ¥158 range in Tokyo trading on the afternoon of the 12th, but dollar buying has paused. The high neared ¥158.40.
The day's trading ranges were ¥158.07 to ¥158.40 for USD/JPY, ¥177.18 to ¥177.46 for EUR/JPY, and 1.1193 to 1.1217 for EUR/USD.
EUR/USD found support near the psychological ¥1.12 level, while USD/JPY showed limited downside as investors watched cross-yen rates.
Overall, movements in the major currency pairs were limited, and trading in the Tokyo market was relatively calm.