Dollar-yen remained subdued after the FOMC, trading in a narrow range centered around ¥157.8. Trading orders were observed in the ¥158.2–¥158.3 area above and the ¥157.3–¥157.5 area below.
Dollar-yen traded in a range centered around ¥157.80 today as active trading was held back following the US FOMC. Market participants were focused on the next events, the ECB Governing Council meeting and the Bank of Japan meeting, and price movements were limited.
Sell orders were observed above the current level at ¥158.200, ¥158.250 and ¥158.300, while buy orders were observed below at ¥157.300 and ¥157.500. The article specifies the levels for limit and stop orders.