Following the release of the U.S. employment report, the yen-dollar rate in New York rose to the mid-¥156 range. Dollar buying prevailed, and the yen traded on the weaker side.
The yen-dollar rate in New York rose as high as the mid-¥156 range. Following the release of the employment report, dollar buying strengthened and selling pressure on the yen increased.
The move was driven by buying of the U.S. dollar after the employment report, with trading notably shifting toward a weaker yen.