The dollar remained flat at 3 p.m., in the latter half of 156 yen, and yen depreciated against anything other than the dollar
The dollar/yen at 3 p.m., was traded at the latter half of 156 yen, unchanged from the end of the New York market the day before. Although major currencies were generally sluggish, the situation where yen was likely to weaken continued, as it temporarily rose to 156.90 yen and hit a high for the first time in 3 weeks.
The dollar rose slightly after 10:00 a.m. and hit a new high since the 2nd of this month. There are no particular clues, and although the movement to buy up the upper price is limited, it is said that “there is no change in the forward forecast for yen” (domestic securities analyst).
Under the depreciation of the yen, it was also pointed out that “cross yen is easier to handle than dollar/yen, which has a strong sense of caution against intervention” (foreign bank officials).
The dollar rose slightly after 10:00 a.m. and hit a new high since the 2nd of this month. There are no particular clues, and although the movement to buy up the upper price is limited, it is said that “there is no change in the forward forecast for yen” (domestic securities analyst).
Under the depreciation of the yen, it was also pointed out that “cross yen is easier to handle than dollar/yen, which has a strong sense of caution against intervention” (foreign bank officials).
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