In Tokyo trading, dollar-yen recovered from ¥157.79 and continued to hold ground. Dollar-buying pressure persisted against the backdrop of stable 10-year U.S. Treasury yields and movements in NY crude oil futures, while concerns about intervention remained.
In Tokyo trading, dollar-yen moved in the ¥157.79–¥158.37 range and continued to hold ground. Some yen buying aimed at curbing yen weakness was seen, but the dollar-buying trend itself continued.
The 10-year U.S. Treasury yield remained firm, and moves focused on U.S. interest rates supported the dollar. In addition, NY crude oil futures (WTI) also remained firm, with movements in commodity prices providing support for dollar buying.
In today's trading range, dollar-yen moved between ¥157.79 and ¥158.37, euro-yen between ¥179.51 and ¥180.24, and euro-dollar between $1.1369 and $1.1388. U.S. interest rates and crude oil prices are expected to remain closely watched.