New York Foreign Exchange Market Update at 2 a.m.: USD/JPY Slightly Higher | FX and Forex News

In the New York foreign exchange market, USD/JPY edged higher to ¥159.36 as of 2:00 a.m. EUR/JPY was at ¥184.67 and EUR/USD at $1.1588, both showing limited movement.

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The story

In the New York market on the 17th, USD/JPY edged higher to ¥159.36 as of 2:00 a.m. This was approximately ¥0.07 above the ¥159.29 level at midnight, but upside was limited, with the pair reaching the ¥159.40 high seen in the early Asian session. Overall, there were few market-moving factors, and trading remained subdued.

EUR/JPY remained firm at ¥184.67 as of 2:00 a.m. It was up approximately ¥0.11 from midnight and at one point rose into the ¥184.70 range, following the move in USD/JPY.

EUR/USD moved in a narrow range, standing at $1.1588 as of 2:00 a.m., up only approximately $0.0001 from midnight.

The reference ranges through today are ¥158.85–¥159.40 for USD/JPY, $1.1564–$1.1614 for EUR/USD and ¥184.06–¥184.77 for EUR/JPY.

At a glance

Dollar-yen159.36 yen as of 2:00 a.m., up approximately ¥0.07 from midnight. The high was around ¥159.40

EUR/JPY184.67 yen as of 2:00 a.m., up approximately ¥0.11 from midnight, with a move into the ¥184.70 range

Euro-dollar$1.1588 as of 2:00 a.m., up approximately $0.0001 from midnight

Reference rangeUSD/JPY: ¥158.85–¥159.40; EUR/USD: $1.1564–$1.1614; EUR/JPY: ¥184.06–¥184.77

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