In the Tokyo market on the morning of the 23rd, dollar-yen fell as low as ¥156.08 before recovering to around ¥156.50, although gains were limited, and trading was generally directionless.
In the Tokyo market on the morning of the 23rd, risk aversion prompted early yen buying, while heightened tensions in the Middle East and caution over AI-related investment drove fluctuations in the market. Dollar-yen fell as low as ¥156.08, but yen buying subsequently eased and the pair recovered to around ¥156.50.
The article gave the day's trading ranges as ¥156.08–¥156.81 for dollar-yen, ¥175.20–¥175.90 for euro-yen, and $1.1211–$1.1226 for euro-dollar.
The market showed no clear direction over the course of the day, and buying at higher levels did not continue. Further developments are expected to depend on additional market movements.