In Tokyo trading on the 11th, expectations grew that the US Federal Reserve would raise rates at its next meeting, prompting buying of the dollar and selling of the yen. The yen was reported to have weakened against the dollar, with its level as of 5:00 p.m. also reported.
In the Tokyo foreign exchange market on the 11th, expectations grew that the US Federal Reserve would raise rates at its next meeting. Against this backdrop, dollar buying prevailed and yen selling progressed.
The yen weakened against the dollar, with reports indicating that the yen's decline continued. The yen's level as of 5:00 p.m. was shown.
Market participants were reportedly watching the Federal Reserve's future rate-hike direction in response to these moves.