Tokyo FX: Dollar-yen little changed, selling pressure near 157 in focus (FISCO)

The story

In the Tokyo market on the afternoon of the 23rd, USD/JPY moved narrowly, trading in a range of 156.08–157.12 yen. Gains appeared capped, but there were no major price movements.

At the same time, EUR/JPY traded between 175.20 and 176.17 yen, while EUR/USD moved between 1.1209 and 1.1226. Risk-averse yen buying prompted by a global equity sell-off had eased, but caution remained.

At a glance

TimingTokyo market range on the afternoon of the 23rd

Trading rangeUSD/JPY 156.08–157.12 yen

Trading rangeEUR/JPY 175.20–176.17 yen

Trading rangeEUR/USD 1.1209〜1.1226

NatureUSD/JPY moves narrowly, with gains capped

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Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.