Dollar-yen moved lower again in the Tokyo market, falling below the day’s trading range. It subsequently showed signs of recovering, but has since declined to around 153.40.
In the Tokyo market on the morning of the 8th, dollar-yen turned lower after trading in the 154.30 area early in the morning, falling to 153.52 around the middle of the 9 a.m. hour. Although it subsequently showed some signs of recovery, it has recently declined to around 153.40. Euro-yen rose to 179.44 before trading weakly and is currently around 178.44. Euro-dollar has risen from 1.1619 to 1.1633, with the yen gaining ground against both the dollar and the euro while the euro remains firm against the dollar.
So far, dollar-yen has traded between 153.41 and 154.37, euro-yen between 178.44 and 179.44, and euro-dollar between 1.1619 and 1.1633.
The movements described in this article are limited to changes in actual levels and trading ranges during the day and contain no forecast of future developments. There has also been a gradual recovery, but downside levels are currently in focus.