Dollar/yen hovering around 157 as FOMC and Bank of Japan policy meetings approach.
【6/10Market overview
Tokyo time, the dollar/yen rose on the back of the rise in the Nippon Exchange Group futures, extending above the previous high of157.07yen to157.19yen. In European time, the dollar/yen briefly dropped to156.74yen but recovered and remained firm.NYtime, the dollar/yen wasFOMC(6/11-12) and Bank of Japan monetary policy meeting(6/13-14) ahead, with slight fluctuations around157yen.
× ![]()