In Tokyo trading on the 8th, dollar-yen struggled to advance, falling to ¥157.59 in the morning before rebounding into the ¥158 range as long-term US interest rates rose. It rose to ¥158.28 in the afternoon, but upside momentum was limited toward the evening.
In Tokyo trading on the 8th, dollar-yen fell to ¥157.59 in the morning before dollar buying advanced on rising long-term US interest rates, lifting the pair back into the ¥158 range.
Euro-yen rose from ¥176.53 to ¥177.31, while euro-dollar fell from $1.1213 to $1.1182.
As of 17:00, dollar-yen was in the ¥158.10–¥158.20 range and euro-yen was in the ¥177.00–¥177.10 range. The Nikkei Stock Average opened at ¥69,840.64, reached a high of ¥69,918.20, a low of ¥69,042.11 and closed at ¥69,042.11.