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Macro

Dollar Rises 0.50% Against Yen to 154.33 in New York Late Trade

The dollar rose 0.50% against the yen to 154.33 in late New York trade on Thursday, September 10, with an intraday range of 153.29-154.67 yen. The pair has been falling steadily since September 2 and has held near a three-day low. The euro gained 0.32% to 179.21 yen and sterling added 0.22% to 208.510 yen.

Original source

AI take

The yen's broad softness is the real story here: the dollar, euro and sterling all advanced against it, so this reads as yen weakness rather than a single-pair move. That matters most for anyone with yen exposure or unhedged Japanese assets. The open question is whether the dollar can hold above the recent range after a stretch of declines since early September, or whether this is just a bounce within a softer trend.

Generated by AI for reference only.

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