Dollar in the low ¥158s at 3 p.m.; subdued trading ahead of holidays and U.S. data, range under 50 sen

The story

At 3 p.m., dollar-yen was trading at around the low ¥158s, with the dollar higher and the yen weaker than late in the previous day’s New York session.

The market had been cautious since the morning ahead of Japan’s three-day weekend and next week’s US consumer price index (CPI) release.

The trading range remained under 50 sen.

At a glance

Trading levelTrading in the low ¥158 range

Market trendsA wait-and-see mood ahead of the three-day weekend and US data

IndicatorsAssuming the release of US CPI next week

Price movementContained within 50 sen

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