TREE NEWS reports: The dollar rose 0.40% against the yen to 158.03 in New York late trading on Thursday, October 1, within a daily range of 157.24-158.45, after briefly turning lower early in the US session. The euro fell 0.41% against the yen and the pound slipped 0.13%, while the yen dropped 0.33% against the offshore yuan.
Dollar Rises 0.40% Against Yen to 158.03 in New York Trading
The yen's broad weakness — not just against the dollar but against the euro, pound and offshore yuan — points to a currency-specific move rather than pure dollar strength, which matters for anyone watching Japanese asset exposure or carry-linked positioning. The intraday reversal, with the dollar briefly lower before pushing to the top of its range, suggests dip-buying interest in the pair. Whether that broad-based yen softness persists across the next session is the open question, particularly given how close the move sits to levels that have previously drawn official attention.
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