In the Tokyo market, USD/JPY edged higher, temporarily rising to ¥158.30. Although the US 10-year Treasury yield and crude oil prices have lost momentum, the dollar-buying trend remains intact following strong US economic indicators the previous day.
In the Tokyo market on the afternoon of the 1st, USD/JPY edged higher and traded in a range of ¥157.35 to ¥158.30. EUR/JPY moved between ¥178.31 and ¥179.25, while EUR/USD ranged from 1.1320 to 1.1336.
Although the US 10-year Treasury yield and crude oil prices have lost momentum, the dollar-buying trend is believed to have continued against a backdrop of strong US economic indicators the previous day. The euro weakened, and EUR/JPY followed USD/JPY's movements.
During the day's trading range, USD/JPY temporarily rose into the upper ¥158 range. Overall, the market continued to show a tendency toward dollar buying.