Dollar-yen remained firm in European trading, moving in a ¥157.65-157.88 range. Euro-yen and euro-dollar also remained within their respective ranges, while the limited rebound in US long-term yields and crude oil provided little support for dollar selling.
Dollar-yen remained firm in European trading, falling to ¥157.65 before recovering slightly to around ¥157.80.
The limited rebound in US long-term yields and crude oil prompted some dollar selling, while euro-dollar resisted further declines.
As a result, cross-yen pairs reversed their declines through the previous day, and dollar-yen followed the same direction.
The trading ranges so far were ¥157.65-157.88 for dollar-yen, ¥175.59-176.18 for euro-yen and $1.1135-1.1160 for euro-dollar.