In the Tokyo market, EUR/USD had edged up to 1.1587 as of 3 p.m., while USD/JPY remained sluggish in the 159 range. EUR/USD broke above the previous day's high and rose as high as 1.1589.
EUR/USD stood at 1.1587 as of 3 p.m., up approximately 0.0007 from 1.1580 at noon, indicating a stronger euro. It exceeded the previous Friday's high of 1.1585 and rose as high as 1.1589. No new trading catalysts have emerged.
USD/JPY was 159.08 as of 3 p.m., approximately 4 sen higher than the 159.04 recorded at noon, indicating a stronger dollar. In line with the broader flow of dollar selling, the rebound remained sluggish, and the pair was seen dipping below 159 again.
EUR/JPY was 184.33 as of 3 p.m., approximately 17 sen higher than the 184.16 recorded at noon, indicating a stronger euro. The pair moved higher as EUR/USD rose and traded in a narrow range around 184.30.
The reference ranges so far today are USD/JPY 158.96-159.40, EUR/USD 1.1564-1.1589, and EUR/JPY 184.06-184.37.