The USD/JPY briefly rose to around 149.12 yen, but fell for the first time in four days due to profit-taking selling.
【10/7Market Overview
Tokyo time, the dollar/yen rose to as high as149.12yen on the back of Friday's movement. However, due to remarks from Finance Minister Shunichi Suzuki warning against yen depreciation and intermittent selling of dollars by Japanese exporters148.22yen, it fell to around148.60yen. The rebound to the 148.60 area was limited. In European session, dollar/yen saw profit-taking selling in the near term.NYtime, the dollar/yen23posted a brief dip to147.83yen, but then was bought back to around148yen in the lower half of the first band.
× ![]()