The dollar-yen exchange rate in the Tokyo market rose to the first half of the ¥156 range as expectations for U.S. rate hikes receded. The yen's outlook is drawing attention following developments in the New York market.
The dollar-yen exchange rate in the Tokyo market moved to levels in the first half of the ¥156 range.
The decline in expectations for U.S. rate hikes was cited as a factor, with reports indicating that the dollar's short-term strength had eased.