Dollar-yen traded in a narrow range in the Tokyo market on the afternoon of the 17th, while dollar buying temporarily retreated. Cross-yen pairs such as euro-yen moved higher following developments in Europe and the US.
Dollar-yen traded between ¥158.95 and ¥159.36 in the Tokyo market on the afternoon of the 17th, with trading remaining around ¥159.
Oil prices and US long-term yields remained firm, but dollar buying temporarily retreated.
Major currencies including the euro and Australian dollar were firm against the dollar, while cross-yen pairs also moved higher as the yen was sold.
The trading ranges were ¥158.95 to ¥159.36 for dollar-yen, ¥184.12 to ¥184.36 for euro-yen, and $1.1566 to $1.1587 for euro-dollar.