【Featured Topics: Market Conditions and Overview】Tokyo FX: Dollar-yen near lows, rebound limited

In the Tokyo market, USD/JPY remained near its lows, with the rebound limited. Falling U.S. 10-year Treasury yields triggered dollar selling, and the major currency pairs reportedly traded within narrow ranges.

Read in fullFrom the source, not the headline

sources corroborateOutlets reporting the same event

companies linkedAcross 0 themes, second pass

The story

In the Tokyo market on the afternoon of the 2nd, USD/JPY fell as low as ¥157.76 before rebounding to the ¥157.80s. The rebound was sluggish, and the market was generally in a wait-and-see mood.

The day's trading ranges were reported as ¥157.76–¥158.22 for USD/JPY, ¥177.39–¥177.79 for EUR/JPY, and 1.1231–1.1255 for EUR/USD.

Falling U.S. 10-year Treasury yields were cited as a factor triggering dollar selling. With some market participants viewing the available catalysts as largely exhausted, the foreign exchange market reportedly remained subdued.

At a glance

DirectionUSD/JPY remained near its lows, with the rebound limited

As ofMovement in afternoon trading on the 2nd

Range 1USD/JPY traded in the range of ¥157.76–¥158.22

Range 2EUR/JPY traded in the range of ¥177.39–¥177.79

Range 3EUR/USD traded in the range of 1.1231–1.1255

BackgroundThe report noted that falling U.S. 10-year Treasury yields made dollar selling more likely

Reference information. Every claim resolves to something the story actually named.

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

www.moneypost.jpNews

PrimaryOpen

Read the original articleGo to the source page

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