Dollar-yen traded slightly higher in European markets, rising from ¥159.50 to ¥159.65. WTI crude was in the low $83s per barrel, while the rise in the 10-year US Treasury yield slightly strengthened dollar-buying activity.
Dollar-yen traded slightly higher in European markets, rising from ¥159.50 to ¥159.65. NY crude was in the low $83s per barrel, while the 10-year US Treasury yield was edging higher. This prompted some dollar buying. EUR/USD was soft, while EUR/JPY rose alongside dollar-yen.
So far, dollar-yen has traded in the ¥159.50–¥159.65 range, EUR/JPY in the ¥185.75–¥185.87 range and EUR/USD in the 1.1641–1.1643 range.