In the Tokyo market on the afternoon of the 30th, USD/JPY remained firm and consolidated in the ¥157.10 range. Views that yen buying had paused were becoming more widespread.
In the Tokyo market on the afternoon of the 30th, USD/JPY remained firm and consolidated in the ¥157.10 range. Yen buying appears to have paused.
US long-term yields remained high, while major currencies such as the euro and pound weakened against the dollar.
The trading ranges so far were ¥156.37 to ¥157.45 for USD/JPY, ¥177.34 to ¥178.55 for EUR/JPY and 1.1329 to 1.1343 for EUR/USD.