In the Tokyo market, dollar-yen edged higher, rising to around 158.07. Euro-yen moved into the upper 177 range, while the yen was generally firm against cross rates. Views have also been reported that the pension fund's decision to maintain its policy will weigh on the yen.
In the Tokyo market on the afternoon of the 6th, dollar-yen edged higher, trading in a range of 157.77 to 158.07. After reaching the day's high, it continued to trade around today's high.
Euro-yen moved in a range of 177.03 to 177.34, while euro-dollar traded between 1.1212 and 1.1231. Cross-yen rates were reported to be generally firm.
Market views indicated that the yen was prone to weaken following the Japanese pension fund's decision to maintain its policy.