Intermittent sell orders have been observed around the mid-¥158s in dollar-yen trading, with sell orders seen around ¥158.30–¥158.65 on the upside and buy orders around ¥157.70–¥157.80 on the downside.
In today’s dollar-yen market, trading lacked a clear direction during Asian hours. As follow-through from the U.S. midterm elections continued, dollar-yen briefly fell to ¥157.737 before recovering to around ¥158.20 on dip-buying, then fluctuated around ¥158.00.
In the dollar-yen order book, sell orders were observed above current levels at ¥158.300, ¥158.400, ¥158.450, ¥158.500, ¥158.600 and ¥158.650, while buy orders were seen below at ¥157.700 and ¥157.800. The order flow indicated that individual investors were engaging in short-term market orders.